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Ola is now India’s No. 2 Indian startup

Cab aggregator platform, Ola, has regained the second place in India’s list of most valuable startups. Ola secured a fresh round of funding of $74 million from existing investor Steadview Capital which valued the company at roughly $5.7 billion. Oyo Rooms had become India’s second most valuable startup last year with a valuation of nearly $5 billion after it raised close to $800 million from SoftBank and other investors. Flipkart was the most-valuable Indian startup for the longest time, before it got acquired by Walmart last year.

Read More at Livemint News date : 10 Jan 2019, Thursday

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