SoftBank-backed Indian ride-hailing firm Ola raises $500m loan

SoftBank-backed Indian ride-hailing firm Ola raises $500m loan

Photo: Ola website

Indian ride-hailing company Ola said on Thursday it had raised a $500-milllion loan from international institutional investors, as the SoftBank Group-backed start-up preps to make its stock market debut next year.

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