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In brief: Flipkart founder Sachin Bansal commits $21m to Ola
India’s ride-hailing venture Ola has received US$21 million from Flipkart co-founder Sachin Bansal. The funding comes days after existing investor Steadview Capital infused US$74 million in Ola. Bansal’s investment is reportedly part of a US$1 billion additional funding that Ola is trying to raise.
Source: Quartz
Editing by Jack Ellis
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