Ola Electric, India’s leading electric vehicles manufacturer, today announced that it has raised over $200 million in a funding round, led by Falcon Edge, Softbank and others. The latest funding round took the company’s valuation to $3 billion.
Ola Electric, the EV arm of the ride-hailing startup Ola, said, the current round will help it accelerate development of other vehicle platforms including electric motorbike, mass market scooter and its electric car.
