Last updated: Apr 26, 2024
- Brand NameOla Electric
- HeadquarterBengaluru
- No. of Employees4727
- Industry
Automotive Tech
- Founded Year 2017
- Company StatusActive
- Highlights
- Total Funding₹9111.99 Cr
- Funding Rounds12
- Number of Acquisition1
- FY 2022-23 Revenue₹2782.70 Cr
- FY 2022-23 Loss-₹1472.90 Cr
About Ola Electric
From a startup in Bangalore to a global brand operating on 3 different continents, Ola has carved itself a name by being India’s largest mobility platform and one of the world’s largest ride-hailing companies. Ola Electric manufactures electric vehicles. The Company produces electric scooter to accelerate the world's transition to sustainable mobility. Ola Ele.....
Business Model of Ola Electric
Ola Electric operates a business model based on the production and distribution of electric two-wheelers, as well as the development of a charging infrastructure for these vehicles. The company aims to promote sustainable transportation solutions in India and other markets through the use of electric vehicles.
Key People/Management
Show allBA
Bhavish AggarwalFounder & CEO
KV
Krishnamurthy Venugopala TennetiDirector
SV
Subbu Venkata Rama Behara Director
AS
Arun SarinDirector
SJ
Sumer JunejaDirector
JA
Jaime Ardila Gomez Director
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Latest News
- Ola Electric files DRHP with SEBI, to raise Rs 5,500 Cr via fresh issueDec 23, 2023
- Ola Electric slashes sales targets, delays profit goal ahead of planned IPODec 6, 2023
- Ola Electric raises $385 Mn from Temasek and State Bank of IndiaOct 26, 2023
- Ola Electric records Rs 373 Cr revenue in FY22; losses jump 4XAug 10, 2023
- Take down tweets or face legal actions: Ola Electric to a customerMay 12, 2022
- Ola Electric stays in charging mode in FY21, posts Rs 200 Cr lossApr 21, 2022
- Ola Electric raises $200 Mn at a valuation of $5 BnJan 24, 2022
- Ola Electric rakes in Rs 398 Cr led by TemasekDec 8, 2021
- Exclusive: Ola Electric incorporates a new entity and infuses Rs 250 CrAug 17, 2021
- Exclusive: Temasek to join Ola Electric’s over $300 Mn round; eyes secondary shares in OlaMar 22, 2021