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Temasek and SBI pour $384 million into India’s Ola Electric

From TechCrunch

By Manish Singh

October 26, 2023

Temasek and SBI pour $384 million into India’s Ola Electric

Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship with the ride-hailing startup Ola but continues to share resources, much to many investors’ chagrin –at about […]

© 2023 TechCrunch. All rights reserved. For personal use only.

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