december the mobility company raised 139 million from edelweiss and iifl at a 73 billion valuationet was the first to report about the deal on november 12 et also reported on december 16 that ola had raised 500 million in debt fundingthrough a term loan b commonly known as tlb to bolster many of these businesses from fintech to quick commerce and secondhand carstlbs are loans that can be repaid in five to seven years a large part of the principal needs to be repaid only towards the end of the loan period giving the borrower more flexibility ettech published on apr 12 2022 at 1020 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app ola ceo bhavish aggarwal ola ceo bhavish aggarwal olas electric scooter arun gr ola electric futurefoundary avail finance homenewsindustryola chief bhavish aggarwal to focus on future projects cfo to drive daily operations