Ola’s board approved the $100 million investment in March.
By Lulu Yilun Chen
Didi Chuxing is near an agreement to raise at least $5b.
Japan’s SoftBank Group on Thursday denied it was in talks with Vodafone Plc‘s Indian unit and Idea Cellular to pick up a stake in a potential merger between the two Indian wireless carriers. SoftBank’s denial follows a report in The Economic Times newspaper that the Japanese firm was looking to… Read more »
The deal values the SoftBank-backed Housing, which has raised north of $120 million since 2012, at about $70-$75 million.