Ola raises about $314 mln in fresh funding- company filing

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Published: April 9, 2015 11:48:01 AM

India's biggest online taxi business Ola has raised about $314 million in a fresh round of funding...

OLA, Ola cabs, ola app, ola delhi, Japan's Softbank Corp, japan softbank, business news, india news, nation newsOla competes with United States-based Uber in India. Reuters

India’s biggest online taxi business Ola has raised about $314 million in a fresh round of funding from investors including billionaire Russian Yuri Milner’s DST Global, a company filing showed.

Ola, backed by Japan’s Softbank Corp, also received investments from private equity investors Accel Partners, Tiger Global and Steadview Capital in the latest round of funding. Ola competes with United States-based Uber in India.

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