Ola has followed its participation in scooter rental startup Vogo's series A round in August with a $100m investment and a commercial tie-up.

On-demand ride provider Ola has supplied $100m in funding for India-based scooter rental service Vogo, Financial Times reported today.

Founded in 2016, Vogo operates a scooter sharing service that is currently present in the Indian cities of Hyderabad and Bengaluru, allowing users to book and pay for a motorised scooter through a mobile app. Users are also refunded for any fuel they buy during its use.

The company has a fleet of some 2,000 scooters spread across the cities and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.