NEW DELHI: Tata Opportunities Fund (TOF) on Wednesday announced “significant investment” in the India arm of controversial app-based taxi hailing firm, Uber, with a source describing the investment pact as worth between $75 million to $100 million.
“TOF will make a significant investment in Uber, the first such investment made by TOF in a global company with headquarters outside India and underscores the confidence in Uber,” a press note issued by TOF said.
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