Ola Electric Undisclosed stage: ₹10B

Oct 22, 2026Public sources — Collected from public sources, not yet cross-checked.

Ola Electric raised ₹10 billion (about $105.9 million) in an undisclosed stage round led by Motilal Oswal Financial Services and Calliope Capital Advisors, announced Oct. 22.

Facts

Company: Ola Electric
Amount: ₹10 billion (about $105.9 million)
Currency: INR
Stage: Undisclosed stage
Announced: Oct 22, 2026
Instrument: Equity
FX rate: 1 INR = 0.01059 USD on Oct 21, 2026

Investors

Led by: Motilal Oswal Financial Services Calliope Capital Advisors

Use of funds

Repaying or prepaying borrowings and organic growth.

As stated by the company.

Sources

1.Ola Electric Rights Issue: Motilal Oswal, Calliope Apply For 2.39 Cr Shares — Inc42, Oct 22, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 22, 2026