Ola to invest in Ola Financial Services Pvt Ltd

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Ola to invest in Ola Financial Services Pvt Ltd
04 Dec 2021
4 min read

News Synopsis

Ola is planning to invest around Rs 786.1 crore in Ola Financial Services. According to the reports submitted by ANI Technologies to the Registrar of Companies, Ola can finally make an investment in the Ola Financial Services Pvt Ltd. 

Ola Financial services (OFS) plays a key part in Ola’s mobility with the sale of over 675 million policies. The company is also planning to expand its business in the international market. The company is aiming at the markets of the UK, Australia, and New Zealand to support the company’s mobility service through product designs.

The company is also expanding the suite of products with new lending offers in the form of two-wheeler, four-wheeler, and personal loans and offering a comprehensive financial product ecosystem to its customers.

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