India: CCI approves investments worth $500m in ride sharing aggregator Ola

India: CCI approves investments worth $500m in ride sharing aggregator Ola

Ola Cabs. Photo: Mint

Competition Commission of India (CCI) has approved investments worth $500 million in ride sharing aggregator Ola by Temasek, Warburg Pincus and its founder Bhavish Aggarwal.