Ola investors back electric mobility company with ₹400 crore
Ola Electric Mobility will be led by Anand Shah and Ankit Jain
Ola Electric is currently running several pilots to deploy electric vehicles and charging solutions
Bengaluru: Ola Electric Mobility raised ₹400 crore from Ola’s early backers Tiger Global and Matrix India, among others, the company said on Friday. This marks the first external investment into Ola’s fledgling electric vehicle company, which has been struggling to take off in India.