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Bhavish Aggarwal

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 ......

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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 ......

Ola doubles revenue in FY22, but losses widen too

TMT

10 August, 2023

Ola doubles revenue in FY22, but losses widen too

Cab aggregator Ola, one of the worst-hit startups in India during Covid-19 pandemic, doubled its revenue in the financial year-ended ......

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Ola investor wields the axe again, slashes valuation

TMT

31 July, 2023

Ola investor wields the axe again, slashes valuation

Cab aggregator Ola, that is believed to be prepping its electric vehicle arm to go public, continues to be on ......

Ola Electric to expand to 500 experience centres by March

Consumer

15 February, 2023

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 ......