Ola

Indian firm Ola plans to start producing electric cars in India in 2024

The probe was launched after a man and his daughter died when their e-bike 'went up in flames'

Britain is Ola's second venture into a foreign market after it started operations in Australia

Months after it expanded its operations in Australia, in an ongoing turf war with US rival Uber

The company will work with various state governments, vehicle manufacturers and battery companies to meet its target

With plans to start commercial operations in the country in early 2018, the startup said in a statement

In return Germany's Delivery Hero Group will get an undisclosed amount of stock in Ola, statement says

They will use the funds to increase its numbers of drivers and expand its presence to more cities

Uber and Ola's fight for dominance in India's $12 billion taxi market has resulted in a legal battle

The company alleges Ola employees and agents booked and then cancelled rides with Uber across several Indian cities

According to state commissioner, both start-ups were operating without approval