Indian ride hailing firm Ola raises $500M from Temasek, an affiliate of Warburg Pincus, and co-founder Bhavish Aggarwal, nearly two years since its last raise (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian ride hailing firm Ola raises $500M from Temasek, an affiliate of Warburg Pincus, and co-founder Bhavish Aggarwal, nearly two years since its last raise  —  Temasek and an affiliate of Warburg Pincus are investing $500 million in Indian ride-hailing giant Ola, the Bangalore-headquartered startup said in a short statement Friday.

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