Ola in talks to raise up to $1 billion: Report

Homegrown cab aggregator Ola is in talks with Singapore's venture fund Temasek and other investors to raise up to $1 billion in funding, according to reports. The deal is reportedly expected to value Ola at $6-7 billion and would include a secondary sale of shares by investors. It would mark the first major liquidity event for the 8-year-old company.

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