Indian EV giant Ola Electric raises $140M from Singapore’s Temasek: Report

Bhavish Aggarwal-led two-wheeler electric vehicles (EV) maker Ola Electric has reportedly raised $140 million in funding from existing investors, including Singapore-based Temasek. According to a Reuters report, Ola Electric raised this funding at a valuation of $5.4 billion, which is significantly higher than the valuation brought down by Vanguard Group to $3.5 billion. The report added […]