Ola Electric is India’s leading manufacturer of electric vehicles (EVs).

Basic Information

Ola Electric is India’s leading manufacturer of electric vehicles (EVs). Ola Electric aims to move the world to sustainable mobility advanced electric vehicles manufactured at its Futurefactory, the largest, most advanced, and sustainable two-wheeler factory in the world. See more

Legal Name

:

Ola Electric Mobility Private Limited

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2C 

Founding Date

:

26th May 2017

No. of Employees

:

151 to 250

Core Team

:
1.

Sarmad Nazki

Head of Finance

2.

Bhavish Aggarwal

Co-Founder

3.

Ankit Bhati

Co-Founder

Funding

Total Funding

$707.0M

Investors

:

1.

Pawan Munjal

2.

Hyundai Motor Company

3.

Matrix Partners India

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7

$56M

Series Name

:

OTHER

Date

:

1st Mar 2019

Investors

:
1.

Tiger Global Management

2.

Matrix Partners