Ola Electric Mobility, which is backed by Indian ride-hailing company Ola, announced that it has raised 4 billion rupees ($56.4 million) in its first funding round. According to Reuters, the funding was led by several of Ola’s early investors including Tiger Global and Matrix India....
July 02, 2019
Ola Electric, part of India’s largest ride-hailing company, has raised $250 million from SoftBank in a Series B financing round, according to a report. The latest capital infusion means the company is now valued at more than $1 billion. The firm wants to scale its electric business, especially as India becomes more environmentally friendly. India […]
March 03, 2019
Ola Electric Mobility, which is backed by Indian ride-hailing company Ola, announced that it has raised 4 billion rupees ($56.4 million) in its first funding round. According to Reuters, the...