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Ola Reaches $1B Valuation With Softbank Funding

by pymnts.com posted 2weeks ago 17 views
Ola Electric, part of India’s largest ride-hailing company, has raised $250 million from SoftBank in a Series B financing round, according to a report. The latest capital infusion means the company is now valued at more than $1 billion. The firm wants to scale its electric business, especially as India becomes more environmentally friendly. India […]

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