Ola may raise $100 million funding at $5.5 billion valuation
Bengaluru-based ride-hailing startup Ola is reportedly in talks to raise $100 million funding from existing investor Hong Kong-based hedge fund Steadview Capital. It was further suggested that the expected round of funding may increase Ola's valuation to $5.5-6.5 billion. It comes amid reports that Ola is also in talks for raising $100 million from Flipkart Co-founder Sachin Bansal. 