Announced
Completed
Temasek led a $140m round in Ola Electric.
Synopsis
Temasek, a global investment company, led a $140m round in Ola Electric, an Indian electric two-wheeler manufacturer, with participation from Tiger Global, an American investment firm. Ola Electric, founded by Bhavish Aggarwal, has become India's e-scooter market leader with a 32% share, competing with Ather Energy as well as companies such as TVS Motor and Hero Electric.
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