Ola Electric
Manufacturing
IPO-bound Ola Electric records $136 mn loss for FY23
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in ......
TMT
Temasek looks to double down on Ola Electric
Singapore’s Temasek will lead a $300-$350 million round in Ola Electric, a portfolio firm with an infusion of $100- $150 ......
TMT
SoftBank-backed Ola Electric to kick off investor meet on IPO plans
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock ......
TMT
SoftBank-backed Ola Electric eyes IPO by 2023-end, hires bankers
India's Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman ......
General
Grapevine: KKR, others in race for Glenmark Life; Ola Electric gets $6 bn tag
Private equity funds like KKR and Blackstone are in the fray to acquire a majority stake in Mumbai-based drug maker ......
TMT
How Indian EV firms are improving their financial health as demand soars
India's top electric two-wheeler makers managed to improve their financial health in the fiscal year ended 31 March 2022 even ......
General
Climatetech shrugs 2022 funding woes, leads impact investment scenario
Investment in homegrown climatetech companies surged to a record level in 2022 as investors accelerated their interests towards the sector’s ......
Consumer
Ola Electric to expand to 500 experience centres by March
Electric vehicle (EV) company Ola Electric on Wednesday said it will expand its existing network of experience centres to 500 ......
TMT
EV maker Simple Energy raises $20 mn in bridge round
Electric vehicle maker Simple Energy, on Tuesday said it has secured over $20 million in an ongoing bridge funding round. The ......
Consumer
Ola says recent EV incident was a high impact road mishap
Days after an Ola scooter woman rider had sustained injuries due to an alleged faulty front suspension, the electric vehicle ......
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