Ola Electric

Consumer

10 October, 2024

Govt orders audit of Ola Electric's service centres after consumer complaints

India's heavy industries ministry has ordered an audit of Ola Electric's service centres, ratcheting up pressure on the e-scooter maker which is ......

TMT

01 October, 2024

SoftBank-backed Ola Electric's dominance fades as e-scooter battle intensifies

India's top electric scooter maker Ola Electric logged its lowest monthly sales this year in September, government data showed, as ......

Consumer

16 August, 2024

Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan

India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 ......

Consumer

14 August, 2024

Ola Electric posts bigger Q1 loss as incentives drop, costs rise

Ola Electric, India's top e-scooter maker, reported a wider first-quarter loss on Wednesday, hurt by the price cuts it took to ......

TMT

02 August, 2024

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares ......

Pro

TMT

30 July, 2024

Cab-hailing firm Ola gets a mark-up as IPO-bound Ola Electric slashes expected valuation

The see-saw in the valuation of private equity-backed cab-hailing company Ola and electric scooter maker Ola Electric, which is floating ......

Premium

Consumer

29 July, 2024

Ola Electric IPO: A few winners and many losers as PE/VC investors seek exits

US-based hedge fund and venture capital investor Tiger Global and VC firm Matrix Partners, which rebranded as Z47 earlier this ......

Markets

29 July, 2024

Check out India's biggest 2024 IPOs as stock markets boom

Here are some details of this year's biggest initial public offerings (IPOs) in India, where stock markets are booming and ......

TMT

25 July, 2024

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes

India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its ......

Premium

General

25 July, 2024

Grapevine: I Squared plans an exit; Ola Electric IPO likely in August

Private equity firm I Squared Capital and sovereigh wealth fund Abu Dhabi Investment Authority (ADIA) plan to sell up to $400 million worth of their ......