India · Travel

Ola names Rajiv Bansal as its new CFO

Ola has named Infosys vetran Rajiv Bansal as its chief financial officer . Bansal has a rich experience of 21 years and will join the on demand transporation major in January 2016.  The current CFO Mitsh Shah will head the strategic finance team and will report to Bansal for various financial measures.

In an interview given to ET ,” Bhavish Aggarwal CEO of the company has said Rajiv’s understanding and expertise in the finance domain is extremely valuable for us at this juncture of growth.”

Ola recently received its final round of funding of $500 million from Baillie Gifford, China’s biggest taxi aggregator Didi Kuaidi and existing investors Falcon Edge, Tiger Global, SoftBank, and DST Global. The company is currently worth over $5 billion and has raised $1.3 billion so far.

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