Ola raises $50 million from new Chinese investors at $4.3 billion valuation2 min read . Updated: 17 Sep 2018, 11:02 PM IST
Latest funding round values India's largest cab-hailing service at around $4.3 billion
Bengaluru: Ola, India’s largest cab-hailing service, has raised $50 million at a valuation of roughly $4.3 billion from Hong Kong-based Sailing Capital and the China-Eurasian Economic Cooperation Fund (CEECF), as part of the SoftBank-backed start-up’s move to raise fresh funds of at least $1 billion.
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