Over the coming months, Ola is working with local stakeholders to continue its rollout in Australia, with future launch cities including Darwin and Hobart.
The investors in the fund are corporates, banks, insurers, and fund of funds - including SIDBI through its Fund of Funds for Startups (FFS) program, ICICI Lombard, Philips, Bajaj Electricals Ltd., RBL Bank, among others.