Ola Electric

Ola Electric raises $100M in long-term debt; first e-scooter expected sooner than later

Ola Electric raises $100M in long-term debt; first e-scooter expected sooner than later

Ola Electric, an Indian electric two-wheeler startup, has confirmed that it has signed a long-term debt financing agreement with Bank of Baroda to fund its mega factory in the state of Tamil Nadu.