SoftBank may invest up to ₹2,000 crore in Ola
Japan's SoftBank is reportedly planning to invest $250-$300 million (₹1,700-2,000 crore) in ride-hailing app Ola by leading its new round of funding. While SoftBank is reportedly looking to commit more capital, Ola wants to control dilution. Ola was valued at about $5 billion (₹33.4k crore) when it closed $500 million (₹3k crore) in funding in November last year.