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Ola, India’s local rival to Uber, has seen its valuation jump to nearly $6 billion as it prepares to take in a large round of financing. The ride-hailing firm, which was founded in 2010, has raised around $3.3 billion from investors to date, and it topped that up a little this week. Ola pulled in 520 crore (around $75 million) from existing investor Steadview Capital, according to filings provided to TechCrunch by business signals platform . The paperwork indicates that Ola’s business is now valued at $5.7 billion. Ola declined to comment. That figure is on par with Ola’s valuation when it raised in 2015 , and a boost on recent numbers, which went as low $3.5 billion but reache... Full story

10 January