The app of ride-hailing service Ola, owned by ANI Technologies Pvt., is displayed in Bengaluru, India. (Photographer: Namas Bhojani/Bloomberg)

Ola Raises $300 Million to Step Up Battle With Uber in India

(Bloomberg) -- India’s Ola is raising $300 million from Hyundai Motor Group, giving the ride-hailing startup more capital to compete for drivers and customers against Uber Technologies Inc. just as...