A Business Standard article quotes Venture Intelligence data on rising investments in the EV space:
Investment flows into such start-ups in 2019 (until the end of November) have grown nearly 170 per cent to $397 million, compared with $147 million in the first 11 months of last year.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, the Arun Sarin family, Ratan Tata and Matrix, in two tranches – $56 million in February and $250 million July 2019 – has been the biggest funding in value terms, show data from Venture Intelligence.
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Venture Intelligence is India’s longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.
