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Tag: SoftBank

Ola “grabbed” $500M in order to… fight Uber!

Ola, which is Uber’s rival in India, managed to raise the impressive amount of $500 million in a series F funding round! Among investors are Didi Kuaidi, Uber’s rival app in China, Baillie Gifford, Tiger Capital, SoftBank Group, FalconEdge Capital and DST Global. Based on Ola’s claims, the company receives 1 million booking requests per […]

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Funding $500M for Snapdeal

The amount of 500 million dollars in funding was invested in Snapdeal, one of India’s biggest e-commerce companies, from Alibaba, Foxconn and SoftBank. The new investment will allow Snapdeal to manage more efficiently its battle with Flipkart and Amazon India for the biggest market share of India’s $6,3 billion e-commerce market!

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