Ola Financial Services Pvt.
Latest round
- Series A
Last raised
- May 2020
Total raised
- $27M
Investors
- 3
About Ola Financial Services Pvt.
Ola Financial Services Pvt. Ltd.Founded in 2015 and headquartered in Bangalore, India, Ola Financial Services Pvt. Ltd. operates within the digital financial services sector, offering a variety of payment solutions. The company has not undergone any significant pivots in its business strategy since inception.OlaMoney offers a suite of financial products designed to enhance consumer convenience in the digital payment landscape, including the OlaMoney Wallet, OlaMoney Postpaid, and OlaMoney Credit Card. The OlaMoney Wallet serves as a digital payment solution that enables transactions for rides, bills, and more. The OlaMoney Postpaid feature provides customers with a credit line, allowing flexible payment for utilized services, especially in the ride-hailing segment.3. The revenue structure is primarily based on transactional fees and partnerships with merchants in the ride-hailing ecosystem. The OlaMoney Postpaid service generates revenue through interest and fees related to credit services, while the OlaMoney Wallet facilitates transactions that incur merchant fees.Ola Financial Services aims to innovate with upcoming products and enhance its market presence. Specific details regarding new products or service launches have yet to be disclosed, but expansion efforts may target key regions within India to increase its customer base and service reach.
Who invested in Ola Financial Services Pvt.
3 investors across 1 round
See all investors in Ola Financial Services Pvt.
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
May 26, 2020
Amount
$27M
Investors
Questions about Ola Financial Services Pvt.
Who invested in Ola Financial Services Pvt.?
Ola Financial Services Pvt. has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ola Financial Services Pvt. raised?
Ola Financial Services Pvt. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ola Financial Services Pvt. last raise money?
Ola Financial Services Pvt.'s most recent round on record is a Series A, in May 2020.
What does Ola Financial Services Pvt. do?
Ola Financial Services Pvt. is a financial services company.
Where is Ola Financial Services Pvt. headquartered?
Ola Financial Services Pvt. is headquartered in Bangalore, India.
Which VCs invest in companies like Ola Financial Services Pvt.?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Ola Financial Services Pvt.'s stage. Their profiles are linked below.
VCs backing financial services startups at Series A
Raising like Ola Financial Services Pvt.? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.