Ola Electric secures a $140 million investment from Temasek, the Singaporean state investor.

Ola Electric has successfully concluded a funding round, securing $140 million in investments. The leading investor in this round is Temasek, Singapore’s sovereign fund. This injection of capital values Ola Electric, a prominent electric scooter manufacturer, at an impressive $5.4 billion. The substantial funding underscores the company’s growth and potential in the electric mobility sector.

Follow Taxpuram to stay updated with current news

 

Contact us

Fill in the form below or give us a call and we'll contact you. We endeavour to answer all enquiries within 24 hours on business days.