Ola, Hyundai in talks for USD 300 mn fund infusion
8 March 2019 4:33 AM GMT
NEW DELHI: Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources. The
- Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources.
- The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said.
- Bansal’s investment was part of Ola’s plans to raise about USD 1 billion in funding.
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