While the exact funding amount is not disclosed, one media source reports the deal to be in the region of $20 million.
Olacabs will use these funds to expand its operations to newer markets and to deepen its technology and analytics expertise.
The company had earlier raised Series A funding from Tiger Global Management in April 2012.
Read full story at: http://www.tnooz.com/article/olacabs-raises-series-b-funding-expand-presence-india/
