Ola raises â¹322 crore from New York-based hedge fund
Cab-hailing firm Ola has raised nearly $50 million (approximately â¹322 crore) from New York-based hedge fund Tekne Capital Management LLC. The latest round of funding will push Ola's valuation to about $3.65 billion from $3.5 billion in February, according to reports. The Bengaluru-based company had raised â¹670 crore from Ratan Tata's venture fund and Falcon Edge Capital LP last month.