Ola Electric

Ola Electric Mobility Pvt Limited, founded in 2017 and headquartered in Bengaluru, India, focuses on electric mobility solutions. As a subsidiary of ANI Technologies Private Limited, the company engages in the leasing of electric cars while also developing vertically integrated technology and manufacturing capabilities for electric vehicles (EVs) and their core components, including battery packs and motors. Ola Electric aims to collaborate with vehicle and battery manufacturers, cities, and driver-partners to make electric mobility accessible and affordable. The company operates its manufacturing facility, the Ola Futurefactory, to support its production efforts and is exploring opportunities for future exports of its EVs to select international markets.

Dibyendu Ghosh

Associate Director

2 past transactions

StoreDot

Corporate Round in 2022
StoreDot Ltd. is an innovative company based in Ramat-Gan, Israel, specializing in the development of advanced materials and their applications. Founded in 2012, StoreDot focuses on creating Nanodots—micro-crystals made from bioorganic peptide molecules—that enhance the performance of various devices, including batteries, supercapacitors, displays, sensors, and digital memory. The company's unique approach to designing and synthesizing new organic compounds aims to replace existing technologies by improving their physical, chemical, electrical, and optical properties. StoreDot's technology is particularly relevant for fast-charging batteries in mobile devices and electric vehicles, and the company boasts a strong team of scientists and engineering experts dedicated to transforming material science and device performance across multiple industries.

Etergo

Acquisition in 2020
Etergo B.V., founded in 2014 and headquartered in Delft, the Netherlands, specializes in the design and manufacture of electric scooters. The company's flagship product, the AppScooter, integrates advanced technology with an app-centric interface that allows users to manage communication, music, and safety features through handlebar controls. Etergo aims to promote electric mobility as a sustainable future for transportation. In November 2018, the company changed its name from Bolt Mobility B.V. and has since become a subsidiary of Ola Electric Mobility Pvt Limited.
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