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Investments in Uber's Indian rivals under cloud after ban

Saturday, December 13, 2014 - 05:50

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ROUGH RIDE: Ola and TaxiForSure, like Uber, charge a fee for connecting passengers with drivers contracted to local taxi firms.

Mumbai

A BAN on online taxi services in India, following the arrest in New Delhi of an Uber driver accused of rape, has brought uncertainty to the millions of dollars of international investment pumped into Uber's Indian rivals Ola and TaxiForSure.

Ola raised US$210 million in

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