Ola Electric

India’s Ola Electric raises $384M in equity and debt round led by Temasek, State Bank of India

Ola Electric, an India-based electric vehicle (EV) company, has on Thursday announced the successful closure of INR 3,200 Crores ($384.4 million) funding as a part of its equity and debt round raised from Temasek led marquee investors and project debt from State Bank of India respectively.