2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rapido
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Uber
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Ola
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Facebook
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Detailed explanation-1: -With this expansion, Ola will be able to cross-sell multiple lending products to its large driver-partner base. Mobility firm Ola has signed an agreement to acquire neo bank Avail Finance which provides financial services to the blue-collared workforce and has over 6 million users, the company said on Thursday.
Detailed explanation-2: -ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.
Detailed explanation-3: -“Avail’s services have been integrated with Ola Financial Services. We are now offering products and services to drivers and customers through Ola Financial Services,” the company said in a statement. It is prudent to mention that Ola acquired Avail Finance in March 2022 for about $50 Mn.
Detailed explanation-4: -With a neobank like RazorpayX, founders can supercharge every aspect of their financial operations. And more where that came from. Your business is in 2022 – it’s up to you to ensure your banking is, too.