Ola Electric Mobility

Automotive · Bengaluru, India · Founded 2010 · Privately Held (backing)

Developer of an online ride-hailing platform such as bikes, autos, prime sedans and prime SUV designed to connect passengers with drivers across India. Ola Electric Mobility is based in Bengaluru, India and was founded in 2010. It has raised $4.4 billion across 2 recorded rounds; the latest was a $175 million later-stage round in Apr 2022.

Last price · $/share
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Implied valuation
—
Total raised
$4.4B
Last round
Later Stage VC
Apr 2022

Ola Electric Mobility key facts

  • Developer of an online ride-hailing platform such as bikes, autos, prime sedans and prime SUV designed to connect passengers with drivers across India.
  • It has raised $4.4B across 2 recorded rounds; the latest was Later Stage VC ($175.0M) in Apr 2022.
  • Notable investors include Alumni Ventures, Astir Ventures, Bessemer Venture Partners, Matrix, Qualcomm Ventures — 50 tracked in total.
  • Status: Privately Held (backing).
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Ola Electric Mobility funding rounds

2 rounds
Apr 2022Later Stage VC$175.0M▮
Sep 2019Later Stage VC (Series J)$485.1M▮

How much has Ola Electric Mobility raised?

Ola Electric Mobility has raised $4.4 billion in total; 2 of its rounds are on record. The largest on record was a $485 million Series J in Sep 2019; the most recent was a $175 million later-stage round in Apr 2022.

Ola Electric Mobility investors

50 investors are on record for Ola Electric Mobility, including Alumni Ventures, Astir Ventures, Bessemer Venture Partners and Matrix. By type, the record holds 16 venture capital firms and 3 growth equity firms. The later-stage round in Apr 2022 drew 4 investors.

About Ola Electric Mobility

Developer of an online ride-hailing platform such as bikes, autos, prime sedans and prime SUV designed to connect passengers with drivers across India. The company's platform offers a variety of vehicles and ensures convenient, transparent and enhanced service, enabling passengers to get a convenient network of transportation.

Industry
Automotive
Sector
Consumer Products and Services (B2C)
HQ
Bengaluru, India
Founded
2010
Employees
26,574
Ownership
Privately Held (backing)

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Valuation — not yet priced

Ola Electric Mobility doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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