Taxi-hailing app Ola has reportedly raised 315 million dollars in a fresh round of funding from DST Global, as well as returning investors Tiger Global, Steadview Capital, and Accel Partners.
According to TechCrunch, a source said that the new money was part of a larger funding round that Ola is about to complete.
The revelation was made in a filing with the Ministry of Corporate Affairs' Registrar of Companies obtained by research firm Tofler.
The funding has raised the amount that Ola has raised so far to about 592 million dollars. The firm declined to comment.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app