India: Ola’s valuation skyrockets to $5.7b after fresh funding from Steadview

Ola founder Bhavish Aggarwal. Photo: Bloomberg

Ola has regained its number two ranking in the pecking order of India’s most valuable startups, after securing $74 million in fresh funding from existing investor Steadview Capital in its latest funding round, which valued India’s leading cab-hailing service at roughly $5.7 billion.

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