What Ola Electric does
Founded in 2017, Ola Electric is a 2 wheeler EV manufacturer. The clean tech company has a large portfolio of 2-wheeler EVs including Ola S1 Pro+ and Ola Gig, and has introduced an EV motorcycle, Roadster X in 2024. Ola Electric has moved towards in-house battery production to reduce dependency and cut costs on its procurement. Ola Electric went public in August 2024, raising Rs 6,145.56 Cr at the issue price of Rs 76 per share. With a revenue of Rs 295.76 Cr in FY23, Ola Electric competes with companies including Ather Energy, TVS Motor and Pure EV.
Who runs it
Funding and finances
Why this matters to you: funding stage is a rough proxy for how long the runway is and how much structure to expect. It is not a promise, and a profitable bootstrapped company can be the safer bet.
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Questions and experiences
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Company facts compiled from public sources and last refreshed 9 September 2026. Details change; treat the company’s own site as the authority.