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In brief: Ola snags $74m from Hong Kong-based hedge fund
Hong Kong-based hedge fund Steadview Capital has invested US$74 million in India’s ride-hailing company Ola. The investment is part of Ola’s ongoing series J round, which raised the company’s valuation to around US$6 billion.
Steadview Capital had previously participated in Ola’s fundraising in 2015.
Source: The Economic Times
Editing by Charmaine de Lazo
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