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Announced

27 May 2020

Completed

27 May 2020

Matrix Partners led a $28m Series A round in Ola Financial Services.

Synopsis

Private equity firm Matrix Partners led a $28m Series A funding round in Ola Financial Services, a mobile payment services provider. Other investors joining the funding round include Gemini Investments, Falcon Edge Capital and Arun Sarin.

Principals

target

Ola Financial Services Private

bidder

Matrix Partners

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Market Context

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Seller Team (6)

harish abhichandani

CFO at OLA FINANCIAL SERVICES PRIVATE LIMITED

Manager

target

Deal

n/a

Total Value

sharad moudgal

Partner at Khaitan & Co

Lawyer

target

Deals

£ 3.45 B

Total Value

rishabh bharadwaj

Partner at Khaitan & Co

Lawyer

target

Deals

£ 3.04 B

Total Value

chirag narasimaiah

Senior Associate at Khaitan & Co

Lawyer

target

Deals

£ 12.22 B

Total Value

neil deshpande

Senior Associate at Khaitan & Co

Lawyer

target

Deal

n/a

Total Value

anvita oswal

Associate at Khaitan & Co

Lawyer

target

Deals

£ 84 M

Total Value

Bidder Team (2)

avnish bajaj

General Partner at MATRIX PARTNERS

Manager

bidder

Deals

£ 125 M

Total Value

navroz d. udwadia

Founding Partner at FALCON EDGE CAPITAL

Investor

bidder

Deals

£ 2.51 B

Total Value

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