Ola raises $500 Mn from the Singapore govt’s investment fund Temasek and Warburg Pincus
This is amongst the largest investments in the Indian consumer internet space by these funds
Temasek, which poured $225 Million in 2018, is the mobility giant’s existing investor
Ola offers services across 250 cities in India, UK, Australia and New Zealand
Excluding the current funding, Ola had raised $3.8 Billion over 25 rounds
Ola announced its IPO decision last year
