The ride hailing service raised the series F funding at a reported $5bn valuation, with Didi Kuaidi and existing investor SoftBank both taking part.
India-based ride hailing service Ola has raised $500m in a round featuring China-based counterpart Didi Kuaidi and telecommunications and internet group SoftBank, the Economic Times reported today.
The series F round was led by investment management firm Baillie Gifford, and included hedge fund sponsor Falcon Edge Capital, and investment firms Tiger Global Management and DST Global.
A TechCrunch report in September, at which time Ola had raised $225m of the round, stated Steadview Capital, ABG Capital, Fii Ltr Focus…
