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Ola Electric

Ola Electric

Public
Bengaluru, KarnatakaAuto Manufacturinghttps://www.olaelectric.com

Ola Electric is now publicly traded

The data on this page reflects Ola Electric's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Went Public

Aug 2, 2024

Last Round

Debt

May 22, 2025

Total Funding Raised

$2.69B

Company Overview

OLA Electric is an electric vehicle company that develops and manufactures electric vehicles and essential components, including battery packs and motors, while aiming to capitalize on the electrification of mobility in India and explore international export opportunities.

Sector

Auto Manufacturing

AI Layer

Non-AI

Keywords

electric two-wheeler manufacturerelectric scooter manufacturervertically integrated EV manufacturingdirect-to-consumer (D2C) electric vehiclesEV battery pack manufacturingelectric vehicle operating systemEV charging networkelectric motorcycle manufacturerresidential battery energy storage systemelectric scooters for last-mile deliveryvehicle after-sales service subscription

Ola Electric Comparables

Compare Ola Electric with similar companies based on industry and business-model similarity.

Ola Electric comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Gravton Motors
74%
Tork Motors
70%
Dat Bike
70%

Ola Electric Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtMay 22, 2025
IPOAug 2, 2024
DebtJun 11, 2024
DebtApr 1, 2024
Series EOct 26, 2023
Series E
Sep 7, 2023

Ola Electric Investors

Notable investors and investment history

Ola Electric investors
InvestorRounds
Alteria CapitalDebt
EvolutionX Debt CapitalDebt
TemasekSeries C, Series C Extension, Series E
Citigroup Global Markets IndiaIPO
Government Pension Fund GlobalIPO
IIFL FinanceSeries C Extension
SoftBank GroupSeries B, Series C

Ola Electric Filings

SEC and related filings with document metadata.

Data table
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Ola Electric Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersBengaluru, Karnataka
Employee Range8,744
Year Founded2017
Last FundingMay 22, 2025

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