Flipkart founder Sachin Bansal may invest $100 mn in Ola, says report

This will be the largest personal investment for Bansal, who has several early-stage bets under his hood

Flipkart co-founder Sachin Bansal is likely to invest around $100 million in Ola when the home grown-cab hailing company goes for a fresh round of funding. Sources in the know said that the talks are still in the early stages.

The Economic Times on Thursday first reported about a possible investment by Bansal who recently made an exit from Flipkart, the ecommerce marketplace he had cofounded with Binnny Bansal (not related) way back in 2007. Sachin is learnt to have raked in around $1 billion towards the 5.5 per cent share he held in the Bengaluru-based company.

Sources also said that Ola