Ola Electric kicks off $250-300 million fundraise plan

The company is expecting an up round that may see it valued at $6.5-7 billion, based on the expectation of turning ebitda positive from FY24. ​​​That will make it the most valuable electric two-wheeler company in the country, even exceeding legacy peers such as Hero Motocorp and TVS Motor.

from Tech-Economic Times https://ift.tt/OGgPlMU