India Dealbook: Ola lands $5m from Seoul SPV; Digi-Prex, ShopClues fundraise

Ride-hailing major Ola has raised about $5 million (Rs 35.9 crore) in fresh funding from ARK Ola Pre-IPO Private Investment Trust. Separately, online pharmacy startup Digi-Prex and e-commerce startup ShopClues have secured funding.

Ola lands $5m from Seoul-based SPV

Ride-hailing company Ola has raised about $5 million (Rs 35.9 crore) in fresh funding from Seoul-based special purpose vehicle (SPV) ARK Ola Pre-IPO Private Investment Trust, indicating its plan to go public in the near future.

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