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NA
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Elecronics, Electric Vehicle, Automotive, Manufacturing
Auto Vehicles, Parts & Service Retailers, Electronics / Instrumentation, EV Charging, Electric Vehicles
2008
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Active
Bank of Boroda
Asia-Pacific (APAC)
NA
Investment Partner
Debt Financing
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NA
NA
NA
Bank of Baroda (BOB) is an Indian nationalised banking and financial services company. It is under the ownership of Ministry of Finance , Government of India. It is the second largest nationalised bank in India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices. Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list.[3][4]
The government of India announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank on September 17, 2018, to create the country's second largest lender. The amalgamation is the first-ever three-way consolidation of banks in the country, with a combined business of Rs14.82 trillion (short scale), making it the third largest bank after State Bank of India (SBI) and ICICI Bank.[5]
The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the Princely State of Baroda, in Gujarat.[6] The Government of India nationalized the bank, along with 13 other major commercial banks of India on 19 July 1969; the bank has been designated as a profit-making public sector undertaking (PSU).
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| Announced Date | Organization Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|---|
| Jul 01, 2020 | Ola Electric Mobility Private Limited | Yes | Debt Financing - Ola Electric Mobility Private Limited | 1000 Million |
1.12 Lakh
3 Lakh
74,880
79,277
1 Lakh