The SoftBank-backed company has now raised more than $590m in total after closing a late-stage round that included a $207m investment by DST Global.

Ola, the India-based online taxi hailing service backed by telecommunications and internet company SoftBank, has secured $315m in new funding according to a regulatory filing yesterday.

Investment firm DST Global put up $207m of the cash, with other investors in the round including Tiger Global, which invested $40.7m, Steadview Capital ($10.5m), Accel Partners ($5.1m) and ABG Capital ($4.7m).

The company has not revealed a valuation for the funding, though reports last month speculated it was set to raise $400m at…

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