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Ola bags $300 million from Hyundai and Kia for mobility solutions and electric vehicles

India’s ride-hailing company Ola, which made its international debut last year, is getting more serious about its smart mobility solutions and electric vehicles efforts. The company has secured a $300 million investment from Hyundai and Kia to collaborate on building new fleet solutions and explore mobility solutions for global markets. As …

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OneWeb raises $1.25 billion to mass-produce high-speed internet satellites

OneWeb, a space startup that recently launched its first “constellation” of micro-satellites to deliver broadband access across the globe, has raised $1.25 billion to begin mass-producing its satellites and capitalize on what it calls “first mover advantage.” The gargantuan cash injection was led by SoftBank, Qualcomm, Grupo Salinas, and the …

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