Key Metrics
  • No. of Employees6870
  • Founded Year 2017
  • Company StagePublic Limited Company
  • Total Funding₹9,212.07 Cr
  • Industry

  • Headquarter
  • Company StatusListed
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 Electric Mobility serves customers worldwide.

Business Model

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.

Top Competitors
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AE
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TM
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UA
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ZE
Zypp ElectricU63000HR2017PTC070227
Ola Electric Funding Details
Funding Highlights
Latest Funding RoundDebt Financing
Total Funding Raised₹9,212.07 Cr
No. of Investments Made1
Total No. of Acquisitions1
Lead Investors4
Investors
  • SoftBank, Tiger Global, Temasek, Edelweiss
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Ola Electric Financial Details
Financial Highlights
FY 2023-24 Revenue₹5,243.27 Cr
FY 2023-24 Expenses₹6,821.62 Cr
FY 2023-24 Profit/Loss-₹1,584.4 Cr
Net Cash Flow From Operations-₹633.09 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Ola Electric Key People
People Metrics
Current Core Team1
Board Members/Directors8

Core Team

BA
Bhavish Aggarwal Founder & CEO

Board Members/Directors

KV
Krishnamurthy Venugopala Tenneti Director
SV
Subbu Venkata Rama Behara Director
AS
Arun Sarin Director
SJ
Sumer Juneja Director
JA
Jaime Ardila Gomez Director
BA
Bhavish Aggarwal Director
AA
Amit Anchal Director
PB
Prabhakar Bapusaheb Patil Director
Ola Electric Documents

AY - 2018-19

Profit and loss statement - Ola Electric - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2018-19
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2018-19
₹249.00 ₹498.00

AY - 2019-20

Profit and loss statement - Ola Electric - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2019-20
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2019-20
₹249.00 ₹498.00

AY - 2020-21

Profit and loss statement - Ola Electric - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2020-21
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - Ola Electric - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Ola Electric - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Ola Electric - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Electric for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Ola Electric - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Electric for FY 2023-24
₹249.00 ₹498.00

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