Ola raises $50M at a $4.3B valuation from two Chinese funds - TechCrunch

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Ola raises $50M at a $4.3B valuation from two Chinese funds TechCrunch Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private equity firm, and the China-Eurasian Economic Cooperation Fund (CEECF), a state-backed Chinese fund. Ola gets more backers on board to race ahead, Sachin Bansal may pick stakeEconomic Times China's Communist Party-backed investor joins Ola's $50 million fund-raiseTimes of India all 49 news articles »

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