Bhavish Aggarwal, chief executive officer and co-founder of ANI Technologies Pvt., owner of ride-hailing service Ola, speaks during the ET Global Business Summit in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

Why One Startup Founder Turned Down a $1.1 Billion SoftBank Deal

(Bloomberg) -- Startups, when they raise venture money to build their businesses, begin with a Series A round and then proceed through Series E, F or maybe G before going public. The Indian ride-ha...