New Delhi: 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 […]
In total over 2 days, we have done over Rs 1,100 crore in sales! This is unprecedented not just in the automotive industry but it is one of the highest sales in a day (by value) for a single product
The firm in July announced that its electric scooter has received a record-breaking 100,000 reservations within the first 24 hours, making it the most pre-booked scooter in the world.
The agreement for long-term debt financing between Ola and Bank of Baroda signals the confidence of the institutional lenders in our plans to build the world's largest two-wheeler factory in record time
New Delhi: Ola is in talks with various state governments to set up India’s largest e-scooter manufacturing plant, according to sources. Sources close to the development said Ola Electric, the EV arm of the ride hailing company, has been engaging with state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, to set up an […]
