Ola Electric
TMT
Bhavish Aggarwal becomes second Indian behind three unicorns with Krutrim
Ola co-founder Bhavish Aggarwal has become only the second Indian behind three unicorns after his artificial intelligence startup Krutrim raised ......
Consumer
Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?
Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of several existing venture ......
Manufacturing
Taiwan's Gogoro enters India e-scooter market, rolls out battery swap network
Taiwan's Gogoro has started manufacturing electric scooter bikes in India and will set up around 100 battery swap stations by ......
Manufacturing
Ola Electric slashes sales targets, delays profit goal ahead of planned IPO
India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving ......
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but likely missed ......
Manufacturing
How Ola Electric's service network is feeling the strains of success
Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation ......
TMT
Ola gets a sharp valuation markdown as EV arm readies for public float
Cab aggregator Ola, which is preparing to take its electric vehicle unit public, has recorded a sharp markdown from an existing ......
TMT
Deals Digest: Big-ticket transaction lifts funding value this week but volumes fall
Funding activity continued its gradual uptick this week buoyed by a big-ticket transaction and a bunch of mid-sized deals. Overall ......
Manufacturing
SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct
India's Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October ......
TMT
Ola Electric raising $140 mn in Temasek-led round
Ola Electric Mobility Pvt. Ltd has signed an agreement to raise $140 million from existing investors including Temasek Holdings, two ......
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