Ola Electric (IPO)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 01, 2024
Vertical
Electric Vehicles
Funding URL
View Funding Page
Premoney Valuation
$5,400,000
Valuation
$4,000,000

Company Info
Founding Year
2017
Traction
Ola Electric has raised $319.5 million from anchor investors, accounting for about 45% of its IPO offering.
Revenue Amount
$626,300,000
Organizations Involved
HDFC, SBI, Norges, Nomura
Founders
Bhavish Aggarwal
Company Description
Ola Electric focuses on developing and manufacturing electric vehicles (EVs) and related technologies.
Market
Transportation
Location
Bengaluru, Maharashtra, India
Coinvestors
HDFC, SBI, Norges, Nomura

Links
Back to Home Back to Electric Vehicles Deals View Funding Announcement