Ola Electric plans a fresh fundraise in response to declining market share and stock price. The target amount and potential investors remain undisclosed as they prepare for the board meeting on May 22.
Round Type
Funding Round
MumbaiTransportationAutomotiveElectric VehicleDescription
Ola Electric is planning a fresh fundraise amid a slump in market share and stock price. The company is considering raising capital through non-convertible debentures or other eligible securities. This will be their first funding exercise since the last IPO. However, details such as the funding size and investors have not been disclosed.
Quick answer
Ola Electric raised an undisclosed amount in a Funding Round round, dated May 20, 2025. Ola Electric is based in Mumbai, Maharashtra, India.
- How much did Ola Electric raise?
- Ola Electric raised an undisclosed amount in a Funding Round round on May 20, 2025.
- What does Ola Electric do?
- Ola Electric is an Indian electric vehicle manufacturer established in 2017 by Bhavish Aggarwal, who is also a co-founder of Ola Cabs.
- Where is Ola Electric based and how big is it?
- Ola Electric is based in Mumbai, Maharashtra, India. Fundz records about 960 employees.
- Who are the decision-makers at Ola Electric?
- Fundz holds 2 contacts at Ola Electric. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Ola Electric that raised within 45 days of this round, from Fundz verified event records.
- Rivian Automotive raised $1B on July 2, 2025.
- Fyn Mobility raised $2.5M (Seed) on May 17, 2025.
- PetroApp raised $50M (Funding Round) on June 30, 2025.
- EKA Mobility raised $23M (Convertible Note) on June 28, 2025.
- Evera Cabs raised $4M (Seed) on June 24, 2025.
- Kazam EV Tech raised $6.2M (Series B) on June 23, 2025.
Who to call at Ola Electric, and when
A new round usually means Ola Electric is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ola Electric raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ola Electric, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Ola Electric. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Ola Electric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Ola Electric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.