India: Ride-hailing platform Ola mulls investment in medicine delivery startup Myra

India: Ride-hailing platform Ola mulls investment in medicine delivery startup Myra

Ola co-founder and CEO Bhavish Aggarwal (left) poses with an Ola driver. Source: Ola website

Cab-hailing platform Ola (ANI Technologies Pvt. Ltd) is in talks to invest in or acquire medicine delivery startup Myra Medicines, according to two people familiar with the company’s plans. Driven by their common investor Matrix Partners, the deal is expected to close by the end of this month, said one of the people cited above, requesting anonymity.

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