A consortium of investors led a $200m investment round in Ola Electric.

A consortium of investors including Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss, led a $200m investment round in Ola Electric, an electric vehicle manufacturer. "Ola Electric is creating India's EV revolution and is driving cutting edge manufacturing from India for the entire world. With Ola S1, the best scooter ever made, we've changed the entire scooter industry and are now looking forward to bringing our innovative products to more two-wheeler categories including bikes as well as cars. I thank the investors for their support and look forward to partnering with them to take the EV revolution from India to the world," Bhavish Aggarwal, Ola Founder & CEO.