Ola Electric raises $200 Mn at a valuation of $5 Bn
Image Credit: kr asia
Ola Electric has raised $200 million in a new round from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. With this, the company has mopped up $400 million in the past five months and its valuation soared to $5 billion. Ola Electric had raised $200 million in a round led by Alpha Wave Global (formerly Falcon Edge), SoftBank and others at a valuation of $3 billion in September last year.