India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

India’s Ola spins out a dedicated EV business — and it just raised $56M from investors
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch ... read more
Source- Techcrunch.comPublished on 2019-03-01By Jon Russell
2 months ago
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