Fundz

Softbank-Backed Indian Ride-Hailing Firm Ola Raises $500M Loan

PRIVATEDec 16, 2021

Amount Raised

$500 Million

Round Type

Debt Financing

DelhiTransportationTruck Transportation

Description

Indian ride-hailing company Ola said on Thursday it had raised a $500-milllion loan from international institutional investors, as the SoftBank Group-backed start-up preps to make its stock market debut next year.

Quick answer

Ola raised $500 Million in a Debt Financing round, dated December 16, 2021. Ola is based in Delhi, Delhi, India.

How much did Ola raise?
Ola raised $500 Million in a Debt Financing round on December 16, 2021.
What does Ola do?
OLA CAB is a transportation/trucking/railroad company
Where is Ola based and how big is it?
Ola is based in Delhi, Delhi, India.
Who are the decision-makers at Ola?
Fundz holds 1 contact at Ola. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Truck Transportation around the same time

Companies in the same sectors as Ola that raised within 45 days of this round, from Fundz verified event records.

  • HERE Technologies raised an undisclosed amount (Series B) on January 27, 2022.
  • InCharge Energy raised an undisclosed amount (Funding Round) on January 27, 2022.
  • Mayd raised an undisclosed amount (Series A) on January 27, 2022.
  • Transportation And Logistics Systems raised $700K (Seed) on January 26, 2022.
  • Ola Electric raised an undisclosed amount (Funding Round) on January 24, 2022.
  • Ola Electric raised $200M (Funding Round) on January 24, 2022.

Who to call at Ola, and when

A new round usually means Ola is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ola raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ola, from your own LinkedIn network

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Company Information

Company

Ola

Location

Delhi, Delhi, India

About

OLA CAB is a transportation/trucking/railroad company

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Strategic

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Ola raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.