OLA funding, investors and company details

OLA is an emerging Automobile - EV startup from Bengaluru, working in the space of Manufactures electric scooters and works to make travel cleaner and cheaper. Founded by Bhavish Aggarwal.

Company: Ola Electric Mobility Limited
Sector: Automobile - EV
Location: Bengaluru
Founders: Bhavish Aggarwal
Total funding raised: ₹1,698.67 Cr

Company overview

Ola Electric is a company that makes electric scooters and works to make travel cleaner and cheaper. Instead of using petrol, their scooters run on batteries, which helps save money and reduces pollution. The company also builds charging stations and easy battery solutions so people can charge their scooters without hassle. Its goal is simple: to make electric vehicles easy to use, reliable, and affordable so that more people can switch to eco-friendly transport in their daily lives.

Funding rounds

Latest round: ₹119.00 Cr. ($ 14.07 Mn), 2025-04-01
Past round (Debt): $ 50.00 Mn (₹417.25 Cr.), 2024-04-01. Investors: EvolutionX Debt Capital
Past round: $ 140.00 Mn (₹1,162.42 Cr.), 2023-09-07. Investors: Temasek sovereign wealth fund