Temasek to join Ola Electric’s over $300 Mn round; eyes secondary shares in Ola
Shortpedia
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Ola Electric is in late-stage discussions to raise over $300 million in fresh financing from a new investor along with the participation of existing backers, said three people aware of the details of the transaction. Temasek has entered into advanced discussions to participate with $120-150 million whereas the remaining sum would come from existing investors SoftBank and Tiger Global.
