Flipkart co-founder Sachin Bansal invests $21m in Ola, may inject more

Flipkart co-founder Sachin Bansal invests $21m in Ola, may inject more

Sachin Bansal, co-founder, Flipkart. Photo: Hemant Mishra/Mint

Flipkart co-founder Sachin Bansal has invested $21 million in India’s largest cab-hailing platform Ola (ANI Technologies Pvt Ltd), marking his first investment following his ouster from Flipkart, which resulted in him selling his stake in the online retailer for nearly $1 billion.

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