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Ola raises $300 million in a down-round

By Mark / March 2, 2017
India’s Uber-wanna-be for cabs, Ola capitulated and took $300 million from existing hostage investor, Softbank at a $3.5B valuations, after 6 months of unsuccessfully scouring for $500M at a $5B valuation. They’ve raised $1.2B to date.
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