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Uber to make investments ‘sizable component’ of $3.5 Billion investment on India

online taxi aggregator Uber will invest in India a “big portion” of the $three.5-billion (roughly Rs. 23,213 crores) funding raised from Saudi Arabia’s sovereign wealth fund, as the us-based company is looking to overtake nearby rival Ola. Uber has raised $three.5 billion from Saudi Arabia’s sovereign wealth fund, valuing the company at $62.5 billion (kind of Rs. four,20,544 crores) and ... Read More »