19 Apr 2025, Sat

Deal Alert: Matrix Partners joins Tiger Global for Olacabs’ $20-M second round

Mumbai-based ANI Technologies Pvt. Ltd which runs online cab booking service, Olacabs, has raised Series B funding from Tiger Global and Matrix Partners India. The fresh funding would be channelized towards market expansion and scaling up technology infrastructure. The company had earlier raised Series A in 2012 from Tiger Global.
Source: Nextbigwhat


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