Decoding Ola Electric $300 Mn Series E financing round
Ola Electric holds a commanding position in the electric two-wheeler market in India. The EV company has consistently been in the news – whether it is the quality of its products or its upcoming Gigafactory in Tamil Nadu. Ola Electric is currently in the process of raising fresh funds as part of its series E Round and reportedly has secured an initial tranche of $140 million.
While Ola Electric has not officially announced the fundraise, Entrackr sifted through its regulatory filing to find out more details. As per filings, the company is in the process of securing $300 million, with $143 million already received by Ola Electric.
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https://entrackr.com/2023/10/d....ecoding-ola-electric
