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Bhavish Aggarwal

Govt seeks explanation from Ola Electric after over 10,000 complaints

Infrastructure

08 October, 2024

Govt seeks explanation from Ola Electric after over 10,000 complaints

India's consumer rights agency received unusually high 10,000 complaints against Ola Electric over a year and has sent a notice ......

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Infrastructure

07 October, 2024

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Ola Electric's shares tumbled 9% on Monday after a public spat between the founder of India's biggest e-scooter maker and ......

SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

Manufacturing

16 July, 2024

SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its upcoming initial ......

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Infrastructure

19 April, 2024

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation ......

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Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Infrastructure

30 January, 2024

Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......

Bhavish Aggarwal becomes second Indian behind three unicorns with Krutrim

TMT

26 January, 2024

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 ......

Premium
Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

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 ......

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

Manufacturing

06 December, 2023

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 ......

Ola Electric gets debt funding from SBI

TMT

26 October, 2023

Ola Electric gets debt funding from SBI

Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......