SoftBank may pump up to ₹2,000 crore into Ola

JApAn’s SoftBAnk Corp is likely to invest up to ₹2,000 crore in OlA, A funding thAt will help IndiA’s lArgest tAxi-hAiling service compete with US-bAsed rivAl Uber. According to sources close to the deAl, ANI Technologies (which runs OlA) mAy rAise $250-300 million in A new round of funding led by the JApAnese compAny, And other existing investors mAy Also pArticipAte. The Announcement is expected to be mAde in the next few weeks. OlA And SoftBAnk declined to comment on the issue.