Tuesday, August 31, 2021

Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October (Bloomberg)

Bloomberg:
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October  —  - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing  — Startup to seek valuation of more than $8 billion in the IPO



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...