Ola Electric
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 ......
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 ......
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 ......
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 ......
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 ......
Infrastructure
Ola produced over 50K electric scooters so far, says CEO Aggarwal
Ola Electric Mobility Pvt. Ltd has manufactured more than 50,000 Ola S1 Pro scooters, servicing nearly all its orders from ......
Finance
Deals Digest: Companies raise $946.57 this week, Pristyn Care turns unicorn
Companies raised $946.57 million in venture capital (VC) and private equity (PE) funding this week, and health-tech startup Pristyn Care ......
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