Ola raises $1.1 billion from Tencent and SoftBank, says $1 billion more coming

Anirban Sen

Updated11 Oct 2017, 11:52 PM IST

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Ola co-founder and CEO Bhavish Aggarwal. The Ola funding is the latest billion-dollar investment round in an Indian start-up this year, after Flipkart and Paytm. Photo: Hemant Mishra/Mint — Ola co-founder and CEO Bhavish Aggarwal. The Ola funding is the latest billion-dollar investment round in an Indian start-up this year, after Flipkart and Paytm. Photo: Hemant Mishra/Mint(Hemant Mishra/Mint)

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Home Companies Start-upsOla raises $1.1 billion from Tencent and SoftBank, says $1 billion more coming

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