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
- Funding Amount:
- $730,000,000
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