Warburg, Temasek to invest in cab aggregator Ola

Bengaluru-based ride-hailing service Ola is about to raise fresh funds from new and existing investors and the new round is coming after a gap of one and half years for the company. Two separate applications to invest in the company were filed at the Competition Commission of India (CCI) by Warburg Pincus' Plum Wood, Temasek's MacRitchie unit, Fort Canning and Ola's founder Bhavish Aggarwal.