Ola, The Company Beating Uber In India, Raises $500M At A $5B Valuation

Olacabs - Picture Ola, the Uber rival that is leading the taxi app market in India, has refueled its tank after taking on another $500 million in funding. The round was led by Baillie Gifford, Falcon Edge, Tiger Global, SoftBank Group and DST Global, and including input from existing strategic investor — and China-based Uber rival — Didi Kuaidi. Read More

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