Hyundai in talks to invest up to $300m in Indian ride-hailing major Ola: report

Hyundai in talks to invest up to $300m in Indian ride-hailing major Ola: report

REUTERS/Aditi Shah/Files

South Korean automotive major Hyundai is in discussions to invest up to $300 million in Indian ride-hailing company Ola, Entrackr reported citing sources.

Both companies have held two rounds of talks and a deal could be reached in the next six weeks, the report said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter