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Ola Electric Mobility Pvt Ltd

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Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Infrastructure

30 January, 2024

Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......

Premium
Founders weigh in on relations with investors at VCCircle's The Pitch

General

06 December, 2023

Founders weigh in on relations with investors at VCCircle's The Pitch

Transparency, trust and vision alignment are a must for a successful relationship between investors and founders, said co-founders and investors ......

Ola Electric gets debt funding from SBI

TMT

26 October, 2023

Ola Electric gets debt funding from SBI

Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......

Ola Electric raises $200 mn from Tekne Private Ventures, others at $5 bn valuation

TMT

24 January, 2022

Ola Electric raises $200 mn from Tekne Private Ventures, others at $5 bn valuation

Ola Electric Mobility Pvt Ltd, the electric vehicle arm of Ola Cabs’ parent ANI Technologies Pvt Ltd, has raised $200 million (nearly Rs ......

Ola Electric co-founder bets on electric vehicle startup EVage

TMT

25 August, 2020

Ola Electric co-founder bets on electric vehicle startup EVage

EVage Ventures Pvt. Ltd, which operates an electric vehicle and mobility-technology startup, has raised funding in a round led by ......

SoftBank fires up Ola Electric with $250 mn capital infusion

TMT

02 July, 2019

SoftBank fires up Ola Electric with $250 mn capital infusion

Ride-hailing company Ola’s electric mobility arm has raised Rs 1,725 crore ($250 million) from Japanese investor SoftBank in a Series ......

Tiger Global, Matrix Partners invest $56 mn in Ola's electric mobility biz

TMT

01 March, 2019

Tiger Global, Matrix Partners invest $56 mn in Ola's electric mobility biz

Ola’s electric mobility arm said on Friday that it has raised Rs 400 crore ($56 million at current exchange rates) ......

Ola forms new entity to train drivers

TMT

28 April, 2017

Ola forms new entity to train drivers

Bangalore-based ANI Technologies Pvt. Ltd, which operates homegrown cab aggregator Ola, has spun out a new entity that will train ......