Ola Electric news and trends

Ola Raises $56M In First Funding Round
Investments // March 03, 2019

Ola Electric Mobility, which is backed by Indian ride-hailing company Ola, announced that it has raised 4 billion rupees ($56.4 million) in its first funding round. According to Reuters, the funding was led by several of Ola’s early investors including Tiger Global and Matrix India....

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Ola Electric Reaches $1B Valuation With SoftBank Investment

July 02, 2019
Ola Electric, part of India’s largest ride-hailing company, has raised $250 million from SoftBank in a Series B financing round, according to a report. The latest capital infusion means the company is now valued at more than $1 billion. The firm wants to scale its electric business, especially as India becomes more environmentally friendly. India […]

Ola Raises $56M In First Funding Round

March 03, 2019
Ola Electric Mobility, which is backed by Indian ride-hailing company Ola, announced that it has raised 4 billion rupees ($56.4 million) in its first funding round. According to Reuters, the...