Ola raises $50 mn from Chinese investors at $4.3 bn valuation 
Homegrown ride-hailing startup Ola has raised $50 million in funding from Hong Kong-based Sailing Capital and China-Eurasian Economic Cooperation Fund at a valuation of nearly $4.3 billion, as per regulatory filings. The two investors will jointly hold over 1% stake in Ola. In October 2017, Ola had raised $1.1 billion in funding from investors including SoftBank and Tencent.