Ola Invests $100 Million In Scooter Sharing Firm Vogo To Supply 100,000 Scooters

  Bhavish Aggarwal, Co-founder & CEO with Anand Ayyadurai, Founder & CEO, Vogo App-based ride-hailing platform Ola has announced that the company will be investing $100 million (around ₹ 710 crore) in Vogo – India’s fast-growing scooter sharing network. The investment will go into the supply of 100,000 scooters by Vogo that will be used for short commutes. The collaboration will help Vogo gain a strategic supply advantage without having to incur signfiicant capital expenditure, while Ola’s 150 million customer base will be able to use Vogo’s services directly from…

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