Temasek, which invested through its affiliate Macritchie Investments Pte. Ltd., led a ₹398 crore ($53 million) financing round for Ola Electric at a post-money equity valuation of $2.7 billion ( ₹2025 crore), according to VCCircle estimates.
The company issued 371 Series C preference shares to a dozen investors at ₹1,07,34,860 apiece, according to a recent regulatory disclosure filing.