Filing shows India’s Ola raised around $250M from SoftBank in Nov. 2016; sources say funding part of a bigger round that will lower valuation from $4.5B to $3B (Livemint)


Livemint:

Filing shows India’s Ola raised around $250M from SoftBank in Nov. 2016; sources say funding part of a bigger round that will lower valuation from $4.5B to $3B  —  Ola received Rs1,675 crore from SoftBank in November as part of a bigger funding round that will lower the company’s valuation to about $3 billion from $4.5 billion

Source: http://www.techmeme.com

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