Ola Electric raises $200 mn to $5 bn valuation
Ola Electric on Monday announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others.
The latest round values the company at $5 billion.
“We have changed the entire scooter industry and are now looking forward to bringing our innovative products to more two wheeler categories including bikes as well as cars. I thank the investors for their support and look forward to partnering with them to take the EV revolution from India to the world,” Bhavish Aggarwal, Founder and CEO, Ola said in a statement.
