{"id":439523,"date":"2021-10-01T09:27:05","date_gmt":"2021-10-01T03:57:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=439523"},"modified":"2021-10-01T10:26:01","modified_gmt":"2021-10-01T04:56:01","slug":"ola-electric-gets-200-million-funding-at-3-billion-valuation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ola-electric-gets-200-million-funding-at-3-billion-valuation\/","title":{"rendered":"Ola Electric gets $200 million funding at $3 billion valuation"},"content":{"rendered":"<p>Mumbai: Ola Electric has raised more than $200 million from Falcon Edge, SoftBank Group and others at a valuation of $3 valuation, the electric vehicle (EV) arm of the ride-hailing startup said.<\/p>\n<p>The funding will strengthen Ola\u2019s \u201cMission Electric\u201d, which urges industry players and consumers to commit to electric so that no petrol two-wheelers are sold in India after 2025, according to a statement issued on Thursday. It will also accelerate development of other vehicle platforms, including electric motorcycles, mass-market scooters and an electric car.<\/p>\n<p>\u201cI thank our existing investors and welcome new ones to Ola. Together we will bring mobility to a billion and sustainability to the future,\u201d Ola CEO Bhavish Aggarwal said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Ola Electric has raised more than $200 million from Falcon Edge, SoftBank Group and others at a valuation of $3 valuation, the electric vehicle (EV) arm of the ride-hailing startup said. The funding will strengthen Ola\u2019s \u201cMission Electric\u201d, which urges industry players and consumers to commit to electric so that no petrol two-wheelers are sold in India after 2025, according to a statement issued on Thursday. It will also accelerate development of other vehicle platforms, including electric motorcycles, mass-market scooters and an electric car. \u201cI thank our existing investors and welcome new ones to Ola. Together we will bring [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-439523","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=439523"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439523\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=439523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=439523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=439523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}