Existing backer Steadview Capital has provided another $74m for ride hailing platform Ola, whose shareholders also include Tencent, SoftBank and Didi Chuxing.

Ola, an India-based ride-sharing and food delivery service backed by corporates Tencent, SoftBank and Didi Chuxing, has raised more than Rs5.2bn ($74m) in funding from asset management firm Steadview Capital, VCCircle reported yesterday. Founded as Olacabs in 2010, Ola operates an on-demand ride hailing and food delivery service that covers India, Australia, New Zealand and…

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