Thursday Mar 30, 2023

Ola raises a $139M Series J at a ~$7.3B valuation led by Edelweiss, after raising $500M in July, ahead of its IPO next year (Gaurav Tyagi/Entrackr)

Welcome to the universe of ride-hailing monsters, where subsidizing adjustments worth millions and billions are just about as normal as the actual rides. Also, this time, India’s own personal Ola stands out as truly newsworthy with its most recent funding round. The Indian ride-hailing goliath has raised an astounding $139 million in its Series J […]

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