Temasek and SBI pour $384 million into India’s Ola Electric

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Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship with the ride-hailing startup Ola but continues to share resources, much to many investors’ chagrin –at about […]

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Temasek and SBI pour $384 million into India’s Ola Electric

Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship with the ride-hailing startup Ola but continues to share resources, much to many investors’ chagrin –at about […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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