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Electric Vehicles

Ola Electric

Ola Electric raises $300M Pre-IPO at $5B valuation

Bangalore, IndiaAugust 1, 20241 min read
Total Raised
$300M
Valuation
$5B
Latest Round
Pre-IPO
Employees
2000+

Ola Electric: Pre-IPO Funding Round

Ola Electric has successfully raised $300M in Pre-IPO funding, reaching a valuation of $5B.

Company Overview

Electric scooters and vehicles

Funding Details

The Pre-IPO round was led by Temasek, with participation from Tiger Global.

Company Information

  • Headquarters: Bangalore, India
  • Founded: 2017
  • Employees: 2000+
  • Category: Electric Vehicles

Investment

Ola Electric plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Temasek: Verified investor in Pre-IPO
  • Tiger Global: Verified investor in Pre-IPO

Company Info

Headquarters
Bangalore, India
Founded
2017
Team Size
2000+
Last Round
$300M(Aug 2024)

Investors (2)

T
TemasekLead
Lead Investor
Verified investor in Pre-IPO
T
Tiger Global
Investor
Verified investor in Pre-IPO

Topics

verified(3079)real-funding(3079)ola-electricelectric vehiclespre-ipobangalore

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