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Temasek, Warburg Pincus, Bhavish Aggarwal invest $500 mn as Ola plans IPO

This is amongst the largest investments in the Indian consumer internet space by these funds and is a testament to the robust and resilient business built by Ola

Topics
Temasek | Ola | Warburg Pincus

Peerzada Abrar  |  Bengaluru 



Ola electric, Electric vehicles, EVs, battery charging
The funding comes at a time when Ola’s transportation business has been badly hit by the pandemic

Ola, the world’s leading mobility platform, has said and Plum Wood Investment Ltd, an affiliate of Warburg Pincus, are partnering company founder Bhavish Aggarwal for a $500-million investment ahead of its initial public offering (IPO).

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First Published: Fri, July 09 2021. 12:31 IST

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