Re: Ola Electric receives US$ 300 million in latest funding round Quote:
Originally Posted by TusharK Ola Electric has raised US$ 300 million in its latest round of funding. The company is now valued at US$ 6 billion. |
Context: Hero Moto
- Valuation of $6.3 billion
- owns 50% of Ather Energy
- Sells around 10,000 Ather scooter units per month
- Hero Moto themselves will launch Vida EV scooter soon
- Also sells around 400,000 petrol scooters & motorcycles per month
- Profit of $326 million last year TVS Motors
- Valuation of $6.5 billion
- Maker of iQube EV scooter
- Sells around 12,000 iQube scooters per month
- Also sells around 200,000 petrol scooters & motorcycles per month
- Profit of $152 million last year Ola Electric
- Valuation of $6 billion
- Maker of Ola scooters
- Sells around 18,000 units per month
- Profit of ![Rolling Laughter](https://www.team-bhp.com/forum/images/smilies/Rolling laughter.gif) last year
Last edited by SmartCat : 24th May 2023 at 14:19.
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