•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Gunderson Dettemer

16 April 2015

IndusLaw advised India’s largest taxi aggregator Ola Cabs, backed by Japan’s Softbank Corp, in raising $314m (Rs 1,952 crore) from Russian Yuri Milner’s DST Global which was advised by AZB & Partners and Goodwin Procter.

Indus Delhi partner Gaurav Dani, senior associate Divya Varghese and associate Nitin Gera acted for Ola. AZB Mumbai partner Darshika Kothari and Goodwin partner Yash Rana acted for DST

Gunderson Dettemer partner Steven L Baglio and lawyer Melissa B Marks acted for new investor Internet Fund. Morrison Foerster of counsel James T McCormick and associate Noah Carr acted for SoftBank Internet and Media (SIMI).

In November 2014, Olacabs had raised $210m from SIMI and its existing investors including Tiger Global, Matrix Partners India and Steadview Capital.