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Ola Electric

How Ola Electric's service network is feeling the strains of success

Manufacturing

28 November, 2023

How Ola Electric's service network is feeling the strains of success

Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......

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Ola gets a sharp valuation markdown as EV arm readies for public float

TMT

30 October, 2023

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 ......

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Deals Digest: Big-ticket transaction lifts funding value this week but volumes fall

TMT

27 October, 2023

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 ......

SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct

Manufacturing

20 September, 2023

SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct

India's Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October ......

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Ola Electric raising $140 mn in Temasek-led round

TMT

07 September, 2023

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 ......

IPO-bound Ola Electric records $136 mn loss for FY23

Manufacturing

28 July, 2023

IPO-bound Ola Electric records $136 mn loss for FY23

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million......

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Temasek looks to double down on Ola Electric

TMT

23 June, 2023

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- $......

SoftBank-backed Ola Electric to kick off investor meet on IPO plans

TMT

09 June, 2023

SoftBank-backed Ola Electric to kick off investor meet on IPO plans

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned ......

SoftBank-backed Ola Electric eyes IPO by 2023-end, hires bankers

TMT

25 May, 2023

SoftBank-backed Ola Electric eyes IPO by 2023-end, hires bankers

India's Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank ......

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Grapevine: KKR, others in race for Glenmark Life; Ola Electric gets $6 bn tag

General

23 May, 2023

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 ......

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