Ola Electric (IPO)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 1, 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
Market
Transportation
Location
Bengaluru, Maharashtra, India
Coinvestors
HDFC, SBI, Norges, Nomura
Company Description

Ola Electric focuses on developing and manufacturing electric vehicles (EVs) and related technologies.

Links
WebsiteCrunchbaseLinkedInTwitter
Back to HomeBack to Electric Vehicles DealsView Funding Announcement