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Ola in talks with Microsoft for $200 million funding

Updated : October 30, 2019 10:20 AM IST

In 2017, Ola and Microsoft had joined hands to build a new connected vehicle platform for carmakers globally.
Ola - which has about 20 crore riders on its platform across India, the UK, Australia and New Zealand - had recently announced setting up of a research unit in the Bay Area of the US to focus on new areas like e-vehicles and connected cars.
The ride-hailing major, which is locked in a battle for market leadership with US-based Uber in India, has raised about $3 billion in funding.
Ola in talks with Microsoft for $200 million funding

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