Ola raises US$500M through Term Loan B
Ola, India’s largest mobility platform, has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. The proposed loan issuance received a staggering response from investors with interest and commitment of approximately US$1.5B. Ola is one of the first Indian startups to be publicly rated by Moody’s and S&P, two…
