Indian EV startup Ola Electric raises USD200 million, announces advanced R&D center in the UK

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Ola Electric founder Bhavish Aggarwal teased an electric car concept on twitter recently

Indian electric vehicle (EV) startup Ola Electric has raised over USD200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and other investors, as the latest funding round values the company at USD5 billion, it said in an official statement on 24 January 2022.

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