sRide is recently in function in Delhi, Mumbai, Kolkata, Pune, Bengaluru, and Chennai. The startup has tie-up with corporate unicorns TCS, Wipro, MasterCard, Infosys, and Capgemini. Previously in 2016, it has raised $1 Million in seed funding of an undisclosed amount in 2014.
Ola is widening its cab riding business and portfolio. It has invested $100 Million in 2014 in Vogue, a scooter service providing startup and in turn, allowed it’s 150 Million users to initiate booking Vogo scooters from its app. Ola is raising funds from lots of investors and has secured $100 Million commitment from Mirae Asset-Naver Asia Growth in its $1 Billion series J funding round. Ola is trying hard to explore its wings globally and is currently providing service in Indonesia, Australia, New Zealand and aiming to expand in the US too.