Ola Electric
TMT
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 ......
General
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 ......
Manufacturing
SoftBank-backed Ola Electric working to build solid-state batteries
India's Ola Electric is working to build solid-state batteries and expects its vehicles to be powered by its own cells ......
General
Grapevine: LIC eyes health insurers; Ola Electric secures Rs 100-crore debt
Life Insurance Corporation of India (LIC), with assets of over Rs 51 trillion ($0.61 trllion) and a 61.5% market share in ......
Consumer
Ola Electric gets SEBI approval for $660-mn IPO
Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public Offering, said ......
Infrastructure
VC firm B Capital infuses more funds into Indian EV company
US-based multi-stage venture capital firm B Capital has re-invested in an Indian company as part of the latter's Series E fundraising ......
People
Former Ola Electric general counsel joins Economic Laws Practice as partner
Economic Laws Practice (ELP) Monday said it has appointed the former general counsel of Ola Electric as a partner for ......
TMT
Ola to stop ride-hailing operations in international markets
Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
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