Infosys’ Rajiv Bansal joins Ola

BENGALURU, INDIA: Former Infosys CFO Rajiv Bansal has joined taxi hailing service as its chief financial officer.

Bansal replaces Mitesh Shah, who will now lead the strategic finance initiatives, ANI Technologies that owns Ola, said in a statement.

“He brings with him a wealth of experience from his long tenure at Infosys. Rajiv understands and expertise in the finance domain is extremely valuable for us at this juncture of growth. His experience of being at the helm of finance for one of India’s most respected companies will help us in adopting best practices and in realising our mission of building mobility for a billion people,” said Bhavish Aggarwal, Co-founder and CEO, Ola.

It must be noted that Ola recently raised $500 million from new and existing investors, including Baillie Gifford, China’s largest taxi-hailing service Didi Kuaidi and Japan’s SoftBank Corp.