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Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.

Ola raises $500M to go ‘deeper into existing markets’ as India standoff with Uber continues

India’s dominant ride-hailing app, Ola, announced Wednesday that it has raised $500 million in fresh funds to defend against Uber’s challenge on its home turf.

A new valuation has not been disclosed, though news of the round that initially leaked back in September pegged Ola’s new valuation at $5 billion.

Update: A source familiar with the deal has told VentureBeat that the new valuation is indeed $5 billion.

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Lyft is reportedly raising $500M at $4B valuation

The same day that U.S.-based ride-booking startup Lyft said it’s on track to hit $1 billion in gross annual revenue this year, the New York Times is reporting that the company is also in talks to raise $500 million in a fresh funding round that would leave it valued at around $4 billion.

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TutorGroup takes in $200M investment, hits $1B valuation

Educational tool TutorGroup announced today that it took in an investment close to $200 million, setting the Chinese company’s valuation at over $1 billion.

TutorGroup’s series C round was backed by Singapore’s sovereign fund GIC, the Russia-China Investment Fund (RCIF), Goldman Sachs Group Inc., and Silverlink Capital LP.

More: TutorGroup

Banking startup Card closes $9M funding round for growth

Banking service Card announced today that it closed a $9 million funding round led by Columbia Pacific Advisors’ Growth Capital strategy and Fenway Summer Ventures. The prepaid card startup said it has processed over $450 million in deposits to date.

The investment will be used to boost the company’s customer growth and tech development.

More: Card.com

Test IO raises $5M from Turn/River Capital

Turn/River Capital invested $5 million in Test IO, a startup offering a “self-service crowdtesting platform for app and web developers.”

More: Test IO

SafeDK raises $2.25M to launch its SDK management service

SDK management startup SafeDK launches with $2.25 million in funds from an investment led by StageOne VC.

Eddy Shalev, Marius Nacht, and Kaedan Capital also participated in the funding round.

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This list will be updated with breaking funding news all day. Check back for more.

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