Ola Electric Mobility raises USD56 million from investors in India
Ola is pursuing ‘Mission Electric’ to bring one million EVs, including two wheelers and three wheelers, on Indian roads by 2021
Ola Electric Mobility, a company of Indian ride-hailing service provider Ola, has raised INR4 billion (USD56 million) from investors, Ola said in a press release on 1 March. The funding was led by several of Ola’s early investors Tiger Global and Matrix India among others.
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