Bansal, who co-founded Flipkart along with Binny Bansal in 2007, bought a total of 70,588 preference shares of city-based cab hailing platform, according to Ola's filings with the Registrar of Companies (RoC) accessed by IANS from the Chennai-based business intelligence firm.
Last week, Ola had also raised Rs 520-crore ($74 million) from its existing investor Steadview Capital.
Founded in 2011 by Bhavish Aggarwal and Ankit Bhati, Ola currently operates in 125 cities in countries including India, Australia, New Zealand and the UK.
The company has been aggressively expanding its services internationally since last year, as it competes against American ride-hailing firm Uber.
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