Ola raises â¹231 crore from New York-based hedge fund
Ride-hailing startup Ola raised $36 million (â¹231 crore) from New York-based hedge fund Tekne Private Ventures in June, as per regulatory filings. Backed by SoftBank and Falcon Edge, Ola is reportedly also in talks with Microsoft to raise about $100 million. Last month, Vanguard raised the value of its investments in Ola by 12%, taking its valuation to $3.4 billion.