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Ola Investment
09 Jul 2021
Ola secures $500 million from Temasek, Warburg Pincus and Bhavish Aggarwal
Ola will further scale up across various categories and geographies in its ride-hailing business, it added. An IPO will help Ola investors like SoftBank, Tiger Global and Steadview Capital to exit or partially sell their stake in the company to return funds to their shareholders. Founded in 2011 by Bhavish Aggarwal and Ankit Bhati, Ola offers services in India, Australia, New Zealand and the UK.
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