Ola Electric

company

About

Ola is a mobility platform and ride-hailing company that manufactures electric vehicles.

  • 1001 - 5000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
₹7.44B
Industries
Automotive,Electric Vehicle,Manufacturing,Sales,Sustainability
Founded date
May 26, 2017
Number Of Employee
1001 - 5000
Operating Status
Active

Ola Electric Mobility engages in the leasing of electric cars. It is working with vehicle and battery manufacturers, cities, driver-partners, and the mobility ecosystem to make electric mobility convenient, dependable, and affordable.

Ankit Jain and Anand Shah founded Ola Electric Mobility on May 26, 2017. It has its headquarters in Bengaluru in India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
₹7.44B
Ola Electric has raised a total of ₹7.44B in funding over 2 rounds. Their latest funding was raised on Jul 12, 2021 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 12, 2021 Debt Financing ₹7.44B 1 Bank of Baroda Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Ola Electric is funded by 1 investors. Bank of Baroda are the most recent investors.
Investor Name Lead Investor Funding Round
Bank of Baroda Yes Debt Financing