Mumbai-based ANI Technologies, which runs online cab booking service Ola has raised around $225 million (Rs 1,478 crore) in a fresh round of funding from existing investors Falcon Edge Capital, Tiger Global Management, SoftBank and others..IndusLaw advised Ola with a team led by Partner Gaurav Dani along with Senior Associate Divya Varghese and Associate Nitin Gera..AZB & Partners acted for Falcon Edge Capital and Softbank..The AZB team from Bangalore advised SoftBank with a team led by Partners Srinath Dasari and Nanditha Gopal along with Associates Annie Philip and Shan Kohli while the Mumbai office led by Partner Darshika Kothari along with Associate Vijay Sureka acted for Falcon Edge Capital..Goodwin Proctor acted as international counsel for Falcon while Morrison and Forrestor acted for Softbank..The news report suggested that Ola could secure up to $500 million on closing of the current funding round.
Mumbai-based ANI Technologies, which runs online cab booking service Ola has raised around $225 million (Rs 1,478 crore) in a fresh round of funding from existing investors Falcon Edge Capital, Tiger Global Management, SoftBank and others..IndusLaw advised Ola with a team led by Partner Gaurav Dani along with Senior Associate Divya Varghese and Associate Nitin Gera..AZB & Partners acted for Falcon Edge Capital and Softbank..The AZB team from Bangalore advised SoftBank with a team led by Partners Srinath Dasari and Nanditha Gopal along with Associates Annie Philip and Shan Kohli while the Mumbai office led by Partner Darshika Kothari along with Associate Vijay Sureka acted for Falcon Edge Capital..Goodwin Proctor acted as international counsel for Falcon while Morrison and Forrestor acted for Softbank..The news report suggested that Ola could secure up to $500 million on closing of the current funding round.