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Private equity investors including Accel
Partners, Tiger Global and Steadview Capital also invested in
ANI Technologies Pvt Ltd, the owner of Ola, in the latest
funding round, the filing dated April 2 to the Registrar of
Companies showed.
In October, Ola raised $210 million from Japan's SoftBank Corp
<9984.T>, which did not participate in this round.
Last month, Ola bought rival TaxiForSure for $200 million in one
of India's biggest e-commerce deals as it competes against
fast-growing United States-based rival Uber.
Ola is investing in technology, better safety features and new
offerings as it expands its network.
Besides letting customers hail taxis as well as autorickshaws,
the cheaper three-wheeled taxis that ply on India's roads, Ola's
mobile app also allows customers to order food in some
localities.
(Reporting by Nivedita Bhattacharjee in Mumbai; Editing by
Sumeet Chatterjee and Biju Dwarakanath)
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