Ola Electric becomes a unicorn with $250m funding from SoftBank

Ola Electric becomes a unicorn with $250m funding from SoftBank

Ola Electric Mobility (OEM), the electric vehicle arm of ride-hailing giant Ola, has secured a funding of about $250 million (Rs 1,725 crore) from SoftBank Vision Fund quelling speculations that Ola has been trying to avoid the Japanese investor for additional financing.

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