India's Ola raises $1.1 billion in Tencent, SoftBank-led round, seeks another $1 billion

NEW DELHI (Reuters) - Indian ride-hailing firm Ola said on Wednesday it has raised $1.1 billion from investors led by China's Tencent Holdings and Japan's SoftBank Group and is in advanced talks with other investors for another $1 billion.

from Reuters: Technology News http://reut.rs/2gtivMm