Naspers and Temasek are discussing an investment of $1bn in Ola that would value the ride-sharing firm at $7bn to $8bn.
India-based ride hailing platform Ola has entered talks with investors including internet and media conglomerate Naspers to raise $1bn in fresh funding, Mint reported on Monday.
Singaporean state-owned investment firm Temasek is also taking part in the discussions. Private equity firm Sailing Capital and Chinese state-backed vehicle China-Eurasian Economic Cooperation Fund supplied an initial $50m for the round last week.
The round is expected to value Ola at $7bn to $8bn, up from the reported $4.3bn valuation at which…
