Advertisements The electric vehicle manufacturing arm of mobility company, Ola Electric, has converted itself from a private company to a publicly listed entity in preparation for a public listing. The EV manufacturer was founded in 2017 and has changed its… Read More ›
Advertisements Bhavish Aggarwal, Founder and CEO of Ola Electric Mobility said that the company is in line for an initial public offering (IPO) sooner than he imagined, as per news reports Ola Electric is targeting IPO roadshows for early January… Read More ›
Advertisements Hero Electric has overtaken Okinawa Autotech, Ola Electric and Ather Energy in selling maximum number of EV two-wheelers in the month of July, while Ather Energy and Ola Electric are suffering biggest drop as customers delay purchasing EVs amid… Read More ›
Advertisements SoftBank Group-backed Ola Electric is in talks with multiple global suppliers to build a battery cell manufacturing plant in India with a capacity of up to 50-gigawatt hours, sources said. As part of its broader electrification push, the firm… Read More ›
Advertisements Matrix Partners India stays invested in Ola Electric, India’s leading manufacturer of EVs, to fund its growth plans as the company raises over $200M in a latest round from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. Over… Read More ›
Advertisements Ola Electric has raised about $200 million (around Rs 1,500 crore) from a clutch of investors in a fresh funding round, valuing the electric vehicle maker at over $5 billion, according to sources. Ola Electric has closed a $200… Read More ›
Advertisements Ola Electric and Bank of Baroda today have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of the Ola… Read More ›
