India: SoftBank-backed Ola raises $36m from Tekne Private Ventures

Ola co-founder and CEO Bhavish Aggarwal (left) poses with an Ola driver. Source: Ola website

SoftBank-backed cab aggregator Ola has raised Rs 231.83 crore ($36.3 million) from US-based hedge fund Tekne Private Ventures, wire agency PTI reported citing company’s documents fire Ministry of Corporate Affairs (MCA).

Continue reading this story with a subscription to DealStreetAsia.