Temasek takes a $225m stake in Ola · Articles · Global Corporate Venturing
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9 August 2018

Temasek takes a $225m stake in Ola

Temasek has bought a sub-10% stake in Tencent, SoftBank and Didi Chuxing-backed ride hailing platform Ola in a secondary transaction.

Author: Robert Lavine, News Editor

Singaporean state-owned investment firm Temasek has paid $225m for a stake in India-based, corporate-backed ride hailing platform Ola through a secondary share purchase, the Economic Times reported yesterday.