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Temasek Leads $140m Funding In Ola Electric At A Valuation Of $5.4b

Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at a valuation of $5.4 billion, two sources with the direct knowledge said, the latest funding for the e-scooter maker before its initial public offering.  The…

TEMASEK TO INVEST $145M IN INDIAN MAHINDRA And MAHINDRA EV UNIT

Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd’s electric vehicle (EV) unit for up to 3 percent stake.  Mahindra & Mahindra said in a statement on Thursday that the firm and Temasek have…