A pedestrian walks past an advertisement for the Ola ride-hailing service and application (Photographer: Dhiraj Singh/Bloomberg)

Hyundai, Kia Pump $300 Million In Ola In Their Biggest Bet On Ride Hailing

Ola is raising about $300 million from Hyundai Motor Co. and Kia Motors Corp. as the homegrown ride-hailing service builds a warchest to take on global rival Uber.The fundraise is part of the Bhavi...