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Uber aims to raise $2.1 billion for investment in India, China

Uber, the app based taxi aggregator is planning to raise $2.1 billion in a funding round led by Tiger Global and other investors valuing the company at $62.5 billion.

The raised funds will be used primarily for investment in India and China.

According to the sources the next round of investment for India will be announced early next year.

Tiger global is also an investor in Ola that competes with Uber in India.

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