Ola cabs to counter Uber by fresh funding of $1.1 bn from Tencent Holdings, Softbank Group – Business Today

October 12, 2017
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Business Today
Taxi-hailing app Ola has raised USD1.1 billion in a new round of funding led by China’s Tencent Holdings and existing investor Japan’s SoftBank Group, and claimed to be in advanced talks to raise another $1 billion from other investors. The taxi …
Uber, Ola’s Indian legal woes put SoftBank’s funding in firing lineETAuto.com
Ola valued at a whopping near $7 bn after new funding driveFinancial Express
Ola raises $1.1 billion from Tencent and SoftBank, says $1 billion more comingLivemint
The New Indian Express -Daily News & Analysis -The Hindu -Business Standard
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