Ola Electric
PublicLast 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 Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Ola Electric Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | May 22, 2025 | ||||
| IPO Announced | Aug 2, 2024 | ||||
| Debt | Jun 11, 2024 | ||||
| Debt | Apr 1, 2024 | ||||
| Series E | Oct 26, 2023 | ||||
Series E | Sep 7, 2023 |
Ola Electric Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Alteria Capital | Debt |
| EvolutionX Debt Capital | Debt |
| Temasek | Series C, Series C Extension, Series E |
| Citigroup Global Markets India | IPO |
| Government Pension Fund Global | IPO |
| India Infoline | Series C Extension |
| SoftBank Group | Series B, Series C |
Ola Electric Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Firmographic Details
HeadquartersBengaluru, Karnataka
Employee Range8,744
Year Founded2017
Last FundingMay 22, 2025