Ola Electric is a Clean Tech Unicorn based in Bengaluru, Karnataka

Ola Electric

OLA ELECTRIC MOBILITY LIMITED

Public

Clean TechElectric VehiclesOEMsTwo-Wheelers

Founded in 2017 and headquartered in Bengaluru, Ola Electric is an electric vehicle manufacturer. The company offers a wide range of 2 wheelers with different battery capacity and distance range along...

Ola Electric: Key Highlights

An Overview Of Ola Electric Highlights And Metrics

Sector
Clean Tech
Founding Year
2017
Headquarters
Bengaluru
Founders
Anand Shah |
Total Funding Amount
$1.50 Bn+
Stage
Late Stage

Ola Electric: Funding Timeline

Announcement date	Round Type	Investor Names	No. of Investors	Funding raised
10 June 2024	Debt Financing - Ola Electric	Alteria Capital	1	$11.96 Mn
31 March 2024	Debt Financing - Ola Electric	EvolutionX Debt Capital	1	$49.15 Mn
25 Oct 2023	Debt Financing - Ola Electric	State Bank of India	1	$240.00 Mn
06 Sept 2023	Private Equity Round - Ola Electric	Temasek Holdings	1	$140.00 Mn
21 May 2023	Private Equity Round - Ola Electric	N/A	N/A	$301.84 Mn
23 Jan 2022	Undisclosed - Ola Electric	Alpine Investors, Edelweiss Financial Services, Jaws Ventures, Tekne Capital	4	$200.00 Mn

Ola Electric has raised a total of $1.50 billion across 13 funding rounds since 2017. Its latest funding was raised on 11 June 2024. The table above outlines the details of all Ola Electric funding rounds.

FAQs on Ola Electric

Who is the founder of Ola Electric

Ola Electric was founded by Anand Shah, Ankit Jain, Bhavish Aggarwal in 2017

What is the total funding raised by Ola Electric

A Clean Tech startup Ola Electric has raised a total funding of $1.50 billion across 13 funding rounds. The last round of funding was raised on 11 June 2024. Find the details around funding rounds, participating investors are other insights of Ola Electric here!