Ola Raises $56 Million for Its Electric Mobility Business in India

Ola Electric aims to scale electric mobility infrastructure and support electric vehicles used for commercial purposes

March 11, 2019

/ shaurya
/ Electric Vehicles, Grid
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Ola Electric Mobility, a company, backed by Ola, an Indian ride-sharing company, announced that it has raised a sum of ₹3.9 billion ($56.4 million) led by several of Ola’s early investors including, Tiger Global and Matrix India and others, as part of its first round of investment.

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Electric MobilityElectric Vehicle ChargingIndiaOlaOla ElectricRenewable Energy
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