Ola’s EV unit secures $56m funding from Matrix, Tiger Global

Forums Startups News (Startup) Ola’s EV unit secures $56m funding from Matrix, Tiger Global

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        #News(Startup) [ via IoTForIndiaGroup ]


        Ola Electric Mobility Pvt Ltd., a company backed by Ola,was initially established to enable Ola’s electric mobility pilot program in Nagpur. In 2018, Ola subsequently announced ‘Mission: Electric’ to bring 1 million Electric Vehicles on Indian roads by 2022. Ola Electric is currently running several pilots to deploy electric vehicles and charging solutions, including battery swapping stations, electric 2-wheeler and 3-wheeler services amongst others.
        Ola Electric Mobility Pvt Ltd is an independent company, backed by Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies. Ola Electric develops solutions to make Electric Mobility viable at scale, enabling more clean kilometres on Indian roads.

        For more details, visit http://www.olaelectric.in.


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