Ratan Tata invests in Ola in his personal capacity

July 01, 2015 17:02

Tata Sons Chairman Emeritus Ratan Tata has invested an undisclosed amount in his personal capacity in online taxi services company Ola, the Mumbai-based venture announced on Wednesday.

The Economic Times reports that the transaction is the latest in a series of investments made by 77 year-old Tata over the course of the last 12 months. He has also backed Snapdeal, India's largest online marketplace, mobile marketplace Paytm, auto portal CarDekho.com, and online furniture and lifestyle retailer Urban Ladder, among others.

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