Bhavish Aggarwal founded Ola Electric is now valued at $5 billion after the electric two-wheeler manufacturer raised $200 million from Tekne Private Ventures, Alpine Opportunity Fund, and Edelweiss, among others.
Over the last 12 months, Ola Electric has built the Future Factory — the world’s largest two-wheeler manufacturing facility — and Ola S1 scooters, a disruptive Direct-to-Consumer model with fully digital purchase, coupled with home test rides, doorstep delivery, and after-sales service.