India: Ola says it raised $57.5m from Vanguard Group in December 2015

India: Ola says it raised $57.5m from Vanguard Group in December 2015

Ride-hailing service Ola (ANI Technologies Pvt. Ltd) disclosed on Wednesday that it raised Rs.384 crore ($57.3 million) in December from a US-based investment management firm, close on the heels of raising about $500 million (Rs.3,345 crore) from a consortium.

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