Ola Electric raises $200 million at $3 billion valuation
TechCrunch
SEPTEMBER 30, 2021
Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago , as it looks to scale its electric vehicle manufacturing business in the South Asian market. Falcon Edge Capital led the financing round, the Bangalore-based startup said.
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