Ratan Tata invests in Ola Electric Mobility

Ratan Tata invests in Ola Electric Mobility: Ola Electric Mobility (Ola Electric) announced that Ratan Tata,the Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A round of funding. This investment is in Ratan Tata’s personal capacity in the newly formed Electric Mobility company. Tata is also an early investor in ANI Technologies Pvt Ltd, Ola's parent company. Tata's investment in Ola Electric is a significant endorsement of the company's approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric is currently running several pilots involving charging solutions, battery swapping stations, and deploying vehicles across two, three and four-wheeler segments. Investment details are still under wraps. It will aid the company’s ambitious to make electric mobility viable at scale.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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