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Electric Vehicles Asia

Indian’s Ola Electric Raises $200 Million at $5 Billion Valuation

By Juro Osawa
· · Source: The Information

Indian electric scooter maker Ola Electric said it has raised more than $200 million in a funding round that boosted its valuation to $5 billion, from $3 billion in September. Investors including Tekne Private Ventures, Alpine Opportunity Fund and Edelweiss participated in the round, Ola said. The latest fundraising comes after Ola Electric, which was spun off from Indian ride-hailing company...

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