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TechInnovation – Temasek, Warburg Pincus, and Bhavish Aggarwal invest $500 million in Ola (Manish Singh, TechCrunch)

Temasek and an affiliate of Warburg Pincus are investing $500 million in Indian ride-hailing giant Ola, the Bangalore-headquartered startup said in a short statement Friday. Ola co-founder and chief executive Bhavish Aggarwal is also participating in the new investment, the startup said.

Temasek, Warburg Pincus, and Bhavish Aggarwal invest $500 million in Ola | TechCrunch

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