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Ola, Ola Electric raise ₹2,244 crore from Hyundai and Kia
short by Anushka Dixit / on Tuesday, 3 December, 2019
Hyundai and Kia have invested ₹2,244 crore in Ola and Ola Electric as a part of Series J funding round. Hyundai and Kia had invested $300 million in Ola in March, which brought its total funds raised to about $3.8 billion, as per Crunchbase. Ola is reportedly expected to raise $1 billion at a $6-billion valuation in Series J round.
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