{"id":463697,"date":"2022-01-25T08:36:54","date_gmt":"2022-01-25T03:06:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463697"},"modified":"2022-01-25T09:20:46","modified_gmt":"2022-01-25T03:50:46","slug":"bhavish-aggarwal-led-ola-electric-valuation-tops-5-bn-with-200-mn-funding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhavish-aggarwal-led-ola-electric-valuation-tops-5-bn-with-200-mn-funding\/","title":{"rendered":"Bhavish Aggarwal-led Ola Electric valuation tops $5 bn with $200 mn funding"},"content":{"rendered":"<p>Ola Electric, the ride-hailing firm\u2019s electric vehicle (EV) arm, has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion, an increase from its previous valuation of $3 billion.<\/p>\n<p>In October last year, Ola Electric, raised over $200 million led by Falcon Edge, Softbank and others, tripling its valuation to $3 billion. In July 2019, Ola Electric raised $250 million from Masayoshi Son\u2019s SoftBank. It was just a two-year-old firm at that time. The investment made the fledgling venture a \u201cunicorn\u201d, or a start-up valued at more than $1 billion. <\/p>\n<p>Over the last 12 months, Ola Electric has built the Futurefactory, the world\u2019s largest two-wheeler manufacturing facility, Ola S1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric, the ride-hailing firm\u2019s electric vehicle (EV) arm, has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion, an increase from its previous valuation of $3 billion. In October last year, Ola Electric, raised over $200 million led by Falcon Edge, Softbank and others, tripling its valuation to $3 billion. In July 2019, Ola Electric raised $250 million from Masayoshi Son\u2019s SoftBank. It was just a two-year-old firm at that time. The investment made the fledgling venture a \u201cunicorn\u201d, or a start-up valued at more [&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":[135,130,232],"tags":[],"class_list":["post-463697","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463697","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=463697"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463697\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}