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News
Ola funding
Ola funding News
OLA
16 Dec 2021
IPO-bound Ola raises $500 million to accelerate future mobility
The proposed loan issuance received a staggering response from investors with interest and commitment of approximately $1.5 billion. Ola is expected to utilise the term loan to fuel its vision for the future of mobility. Ola recently reported standalone operating profit.
Ola Electric
08 Oct 2021
Ola Electric raises $200 mn at over $5 billion valuation: Report
Ola had announced raising over USD 200 million in funding from Falcon Edge, SoftBank and others, valuing it at USD 3 billion. Ola had stated that the sales of its S1 electric scooters crossed Rs 1,100 crore in two days. Ola has completed phase I construction of its manufacturing plant, spread across 500 acres, in Tamil Nadu.
Ola Electric
30 Sep 2021
Ola Electric raises over $200 million at $3 billion valuation
Funds will be used to accelerate development of other vehicle platforms. Ola Electric recently sold scooters worth over $150 million. It is planning to launch electric car in future as well.
OLA
11 Oct 2017
Ola raises $1.1 bn, in talks for another $1 bn funding
Existing investor SoftBank, in addition to other new US-based financial investors, has also participated in this round, Ola said in a statement.
Ola funding
03 Oct 2017
Ola gets $2 billion funding from SoftBank, Tencent and others
Ola and SoftBank declined to comment on the matter while Tencent was not immediately available.
OLA
16 Apr 2015
Ola raises $400 mn, eyes growth in tier II & III cities
After this round, the firm has raised close to USD 800 million. In October, it had raised USD 210 million from a group of investors led by Japan's SoftBank.
Online taxi business
09 Apr 2015
Ola raises about $314 million in fresh funding
India`s biggest online taxi business Ola has raised about $314 million in a fresh round of funding from investors including billionaire Russian Yuri Milner`s DST Global, a company filing showed.
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