Cab hailing app Ola has received Series J funding round of ₹520.79 crore ($74.28 million) from its existing investor Steadview Capital at a pre-money valuation of $6 billion. With this round, Ola has overtaken hospitality start-up OYO which was valued at $5 billion after it raised $800 million funding last year. As per the pecking order, Paytm leads the pack with $10 billion valuation, followed by Ola and Oyo.
Ola raises ₹520.79 cr more; second among Indian unicorns
January 11, 2019