Ola Electric raises $200 mn at a valuation of $5 bn

Ola Electric on Monday said it has raised over $200 million (about Rs 1,490.5 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at $3 billion (about Rs 22,272 crore).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3H8sTmQ
https://ift.tt/3rMHUo2

Post a Comment

0 Comments