India’s biggest online taxi business Ola has raised about $314 million (roughly Rs. 1,954 crores) in a fresh round of funding from investors including billionaire Russian Yuri Milner’s DST Global, a company filing showed. [caption id=“attachment_2069751” align=“alignleft” width=“380”]
Image: CNN IBN[/caption] Ola, backed by Japan’s Softbank Corp, also received investments from private equity investors Accel Partners, Tiger Global and Steadview Capital in the latest round of funding. Ola competes with United States-based Uber in India. Reuters
Fresh funding: Ola raises $314 million from investors
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• April 9, 2015, 12:08:35 IST
India’s biggest online taxi business Ola has raised about $314 million (roughly Rs. 1,954 crores) in a fresh round of funding from investors including billionaire Russian Yuri Milner’s DST Global, a company filing showed.
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