Hyundai, Kia To Invest $300 Million In Ola

South Korean automaker Hyundai along with its affiliate Kia Motors is investing $300 million in homegrown ride-hailing giant Ola. The deal, which is Hyundai and Kia’s biggest combined investment, is part of Ola’s ongoing $500-million equity financing round. This has…

Flipkart Co-Founder Sachin Bansal Invests Rs 650 Crore In Ola

Ride-hailing company Ola today announced an investment of Rs 650 crore from Flipkart’s co-founder Sachin Bansal as part of its ongoing $1 billion Series J round. Bansal invested in a personal capacity as an investor, Ola said in a statement.…