India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, has raised about $314 million (1,952 crore) in a fresh round of funding led by Russian Yuri Milner’s DST Global..IndusLaw acted for Ola with a team led by Delhi Partner Gaurav Dani, Senior Associate Divya Varghese and Associate Nitin Gera..AZB & Partners acted as domestic legal counsel for new investors, DST and Falcon while Goodwin Procter LLP acted as international Legal counsel..The AZB team was led by Mumbai Partner Darshika Kothari. Partner Yash Rana led the team from Goodwin..Gunderson Dettemer advised another new investor, Internet Fund with a team led by Partner Steven L. Baglio along with Melissa B. Marks..Morrison Foerster acted for SoftBank Internet and Media Inc. (SIMI) with a team led by Of Counsel James T. McCormick and Associate Noah Carr..In November 2014, Olacabs had raised $210 million (1281 crore) from SIMI and its existing investors including Tiger Global, Matrix Partners India and Steadview Capital.
India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, has raised about $314 million (1,952 crore) in a fresh round of funding led by Russian Yuri Milner’s DST Global..IndusLaw acted for Ola with a team led by Delhi Partner Gaurav Dani, Senior Associate Divya Varghese and Associate Nitin Gera..AZB & Partners acted as domestic legal counsel for new investors, DST and Falcon while Goodwin Procter LLP acted as international Legal counsel..The AZB team was led by Mumbai Partner Darshika Kothari. Partner Yash Rana led the team from Goodwin..Gunderson Dettemer advised another new investor, Internet Fund with a team led by Partner Steven L. Baglio along with Melissa B. Marks..Morrison Foerster acted for SoftBank Internet and Media Inc. (SIMI) with a team led by Of Counsel James T. McCormick and Associate Noah Carr..In November 2014, Olacabs had raised $210 million (1281 crore) from SIMI and its existing investors including Tiger Global, Matrix Partners India and Steadview Capital.