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Ola Electric
India · Mobility
Ola Electric makes electric scooters, motorcycles and battery-storage products for the Indian market.
Vehicles, batteries and service
The S1 scooter range and Roadster motorcycles serve everyday personal transport. Ola also develops battery technology and stationary energy-storage products, connecting its vehicle business with a broader battery-manufacturing programme.
Customers can explore vehicles, book test rides and arrange purchases through its stores and online channels. Charging, spare parts and service support extend the relationship beyond the initial vehicle sale.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Qualified institutional placement | ₹7.8B | BNP Climate Fund — ParticipantGoldman Sachs — ParticipantJM Financial Mutual Fund — ParticipantKotak Mahindra Mutual Fund — ParticipantMirae Asset Mutual Fund — ParticipantMotilal Oswal Mutual Fund — Participant |