Ola Electric on Thursday announced that it has raised over $ 200 million, led by Falcon Edge, Softbank, and others, at a valuation of $3 billion. Ola will accelerate the development of other vehicle platforms, including electric motorbikes, mass-market scooters, and its electric car, the company said in a press release. The fundraising comes when Ola has already set the benchmark in two-wheeler sales by selling over $ 150 million worth of scooters in its first purchase window - outselling the entire two-wheeler industry in two days. Bhavish Aggarwal, Chairman and Group CEO, Ola, said, “I thank our existing investors and welcome new ones to Ola. Together we will bring mobility to a billion and sustainability to the future.” Ola Electric has built its Futurefactory, the largest, most advanced 2W factory globally that has completed phase-1 construction and is currently undergoing production trials. At full scale, it will have over 10,000 women employed.