Ola valuation falls to $3 billion after raising funds from SoftBank

Ola received Rs1,675 crore from SoftBank in November as part of a bigger fund raising round that will lower the company’s valuation to about $3 billion from $4.5 billion

Ola founder Bhavish Aggarwal. The online taxi firm is in fundraising talks with new investors to get at least $500 million more

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