In brief: Ola invests $100m in Indian scooter-sharing startup

Indian ride-hailing firm Ola will invest US$100 million in Vogo, a domestic scooter-sharing startup. The move will broaden the range of vehicles offered by Ola on its app by adding Vogo’s two-wheelers to the fleet.  Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters. It did not disclose how many scooters it currently has.

Source: Reuters