Ola raises $1.1B led by Tencent to fuel battle with Uber in India - TechCrunch

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TechCrunch

Ola raises $1.1B led by Tencent to fuel battle with Uber in India TechCrunch It's been a long while coming but Uber's chief rival in India is finally raising a big round, and joining the billion-dollar round club at the same time. Ola today announced that it has closed $1.1 billion in fresh financing. That's the largest funding ... Uber's biggest rival in India just got $1.1 billion from Tencent, SoftBank, valuing company around $7 billionCNBC Ola gets $1.1 billion war chest as it battles UberThe Hindu Indian cab app Ola raises $1.1bn from Tencent and Softbank as competition with Uber steps upThe Drum The Independent -Business Insider UK -Wall Street Journal all 49 news articles »

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