Ola Electric Mobility raised ₹400 crore from Ola’s early backers Tiger Global and Matrix India, among others, the company said on Friday. This marks the first external investment into Ola’s fledgling electric vehicle company, which has been struggling to take off in India.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
