Ola Electric
Consumer
Pure EV in talks to collect pre-IPO funding, hires bankers
Pur Energy Ltd, the Hyderabad-based manufacturer of electric two-wheelers under the Pure EV brand, is in talks with potential investors ......
Manufacturing
Hyundai, Kia exit Ola Electric with bumper returns
South Korean automobile giants Hyundai Motor Company and Kia Corporation, both subsidiaries of the Hyundai Motor Group, have recorded bumper ......
General
Grapevine: Warburg Pincus, Micro Life Sciences, Ola Electric, and KPMG in news
Micro Life Sciences is in talks to raise about funds, Ola Electric is cutting nearly jobs across teams as part ......
Consumer
Ola Electric IPO: A few winners and many losers as PE/VC investors seek exits
US-based hedge fund and venture capital investor Tiger Global and VC firm Matrix Partners, which rebranded as Z47 earlier this ......
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 ......
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 ......
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
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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