Skift Take
There's no ignoring Ola anymore--it's now one of the top-funded travel startups and is happy to dominate the Indian ride hailing app space while Uber watches, and strategizes, from the side lanes.
Each week we roundup the latest crop of travel startups that have received or announced funding that week. The total amount raised this week was nearly $1 billion.
Here are six companies that announced they raised funding this week, and you can see previous roundups here.
>>Ola raised a $500 million Series F round from new investors Baillie Gifford and Didi Kuaidi and existing investors DST Global, Falcon Edge Capital, SoftBank Telecom Corp and Tiger Global Management bringing the Bangalore, India-based startup's total funding to more than $1.4 billion.
This latest investment officially pushes Ola's total funding over the $1 billion milestone, after raising a $225 million rou