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27 February 2017

Ola moves forward with $330m

SoftBank has contributed to another funding round for Ola, which has seen its valuation drop by 30% from $5bn to $3.5bn.

Author: Thierry Heles, Reporter

India-based ride-hailing service Ola has obtained $330m in funding from telecoms and internet group SoftBank and two other existing, unnamed investors, Business Standard reported today.