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Investment Firm
Overview
Ola Electric Mobility engages in the leasing of electric cars. It offers shared daily mobility and deploys charging and battery swapping networks that focus on the commercial electric vehicle segment to make electric mobility convenient, dependable, and affordable.
Ankit Jain and Anand Shah founded Ola Electric Mobility on May 26, 2017. It has its headquarters in Bengaluru, India.
Highlights
2017
Sales
501-1000
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Location
India, Asia
Contact Information
Social
Profile Resume
Ola Electric, established in 2017 and headquartered in India, Asia., specializes in investments across Automotive, Advanced Materials, Electric Vehicle, Battery, Financial Services, Venture Capital, Banking. Their recent investments include StoreDot, Chernovetskyi Investment Group. Among their most notable exits are StoreDot and Chernovetskyi Investment Group. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
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Investments
1
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
May 24, 2022 | StoreDot | Automotive | null |
Exits
0
Funding Timeline
1
26
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Funding Rounds
1
Ola Electric has raised 1 rounds. Their latest funding was raised on May 24, 2022 from a Venture Round - StoreDot round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
May 24, 2022 | Venture Round - StoreDot | - | 0 | - |
Investors
28
Ola Electric is funded by 28 investor(s). EvolutionX Debt Capital and State Bank of India Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
Temasek Holdings | No | Series E - Ola Electric | 143.4M |
State Bank of India | Yes | Debt Financing - Ola Electric | 240.0M |
EvolutionX Debt Capital | Yes | Debt Financing - Ola Electric | 49.2M |
- | Yes | Debt Financing - Ola Electric | 12.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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