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Indian ride-hailing app Ola acquires mobile payment startup Qarth to expand Ola Money

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india traffic shutterstock After launching a standalone app for Ola Money in November last year, Indian transportation app Ola has made an acquisition to double down on its mobile wallet and payments business: the company has acquired Qarth, a startup that has developed a mobile payments app called X-Pay. Financial terms of the deal have not been disclosed. The is the third acquisition announced by Ola, and the first… Read More

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