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3 October 2017

Ola gets nearer to $2bn series G close

SoftBank is reportedly set to add funding to a round that will include a $400m investment by Tencent that has already been agreed.

Author: Robert Lavine, News Editor

India-based on-demand ride service Ola is raising $2bn in funding from investors including internet group Tencent and telecommunications conglomerate SoftBank, Bloomberg reported today, citing a person familiar with the matter.