How much funding has Ola Electric raised?

Ola Electric has raised $250.0M in total funding, most recently a Series B round.

Who are Ola Electric's investors?

Ola Electric's investors include SoftBank.

Where is Ola Electric headquartered?

Ola Electric is headquartered in Bangalore, India.

What industry is Ola Electric in?

Ola Electric operates in Clean Energy, Mobility, Electric Vehicles.

How many employees does Ola Electric have?

Ola Electric has 501-1000 employees.

Ola Electric

Q: When was Ola Electric founded?

Ola Electric was founded in 2017.

IPO

Electric Scooter and EV Bike in India

Public · Bangalore, India · Founded 2017 · $250.0M raised

Clean Energy

Mobility

Electric Vehicles

Headquarters: Bangalore
Employees: 501–1000
Founded: 2017
Business Model: B2C
Website: olaelectric.com

Total Funding: $250.0M
Last Round: $250.0M Series BJul 2019
Rounds: 1
Type: Public

About

Ola Electric was founded in 2017 by Bhavish Aggarwal and is headquartered in Bengaluru, India. The company operates one of the world's largest EV manufacturing facilities (Futurefactory) in Krishnagiri, Tamil Nadu. It produces the S1 series of electric scooters and has expanded into electric motorcycles and energy storage (Ola Shakti). Ola Electric went public on the BSE/NSE in August 2024.

Summary

Ola Electric is a Clean Energy company based in Bangalore, India, founded in 2017. It has raised $250.0M in total across 1 round, most recently a $250.0M Series B round in Jul 2019. Investors include SoftBank.

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