India: Ola in talks with Softbank, others to raise up to $500m: Report

India: Ola in talks with Softbank, others to raise up to $500m: Report

Ola Cabs. Photo: Mint

As global giant Uber turns pumps in funds and sharpens its focus on the Indian market,  domestic transport-haling firm Ola is in talks to raise up to $500 million in a fresh round of funding led by existing investor SoftBank, according to a Times of India report quoting sources.

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