| Date | Title | Description |
| 14.11.2024 | India to probe e-scooter maker Ola Electric over service, product standards | :India's top product certification agency will investigate e-scooter maker Ola Electric's deficiency in service standards and product issues, India's consumer affairs secretary told Reuters on Thursday.
Last month, the Central Consumer Prot... |
| 12.11.2024 | Asset-light approach: EV start-ups turn to micro-factories to cut costs, enhance flexibility | Electric vehicle players, specifically in the two-wheeler segment, are increasingly focusing on micro-factories rather than mega-factories. While bigger players in this segment like Ola Electric and Ather Energy are investing heavily in bui... |
| 11.11.2024 | SoftBank expected to book $1.87 bln profit on IPOs | FinanceADAS, AV & Safety
Sustainable & EV Supply Chain
SoftBank expected to book $1.87 bln profit on IPOs
By Anton BridgeNovember 11, 20248:22 AM UTCUpdated ago
Text
Small Text
Medium Text
Large Text
Share
X
Facebook
Linkedin
Email
... |
| 11.11.2024 | Start-ups line up for IPOs amid bullish market, investor demand | Start-ups are eagerly preparing to list on the stock exchanges driven by a thawing funding winter, a shift towards profitability, and growing investor interest. Compared to the US, where companies typically need at least $250-$300 million i... |
| 08.11.2024 | Ola Electric sees 5% y-o-y loss reduction to ₹495 crore for Q2FY25 | Ola Electric reports a slight relief as it pared its losses by 5 per cent year-on-year for Q2FY25 to ₹495 crore from ₹524 crore in the year-ago period . However, the losses have widened by 42.65 per cent from ₹347 crore.
The revenue for the... |
| 01.11.2024 | The Electric Surge: A New Era for EVs in India | The electric vehicle (EV) market in India is buzzing like a hive in spring. October 2024 marked a significant leap for two major players: Ola Electric and Ather Energy. Both companies reported impressive growth, signaling a robust demand fo... |
| 01.11.2024 | Ola Electric vehicle registrations rise 74% to 41,605 units in October | Ola Electric Mobility Ltd on Friday reported a 74 per cent rise in vehicle registrations at 41,605 units in October 2024 as compared to the same month last year.
The company sold over 50,000 units in October 2024, Ola Electric said in a sta... |
| 01.11.2024 | Green mobility gets a festival boost in October as total EV registrations soar past the 2-lakh mark | The festival month of October delivered a significant boost to green mobility, setting a new milestone in electric vehicle (EV) sales. The total monthly EV registrations (including all categories) surpassed a record-breaking 200,000 units. ... |
| 27.10.2024 | Electric 2W sales surge past 1 lakh mark ahead of Diwali | The festive season is illuminating electric two-wheeler sales, with registrations already surging past the one lakh milestone just days before Diwali. This robust surge signals that October is on track to become the highest-selling month of... |
| 25.10.2024 | India’s Space Race: A New Frontier for Startups | India is launching into the cosmos. The government has approved a $119 million fund aimed at nurturing its space startups. This move is more than just a financial boost; it’s a strategic play in the global space market. The stakes are high,... |
| 24.10.2024 | Nvidia to supply chips to Reliance, other Indian companies in AI push | MUMBAI: Nvidia will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance, the chip giant said on Thursday (Oct 24), as it deepens partnerships to exploit a growing market.
The US company will supply... |
| 24.10.2024 | India approves $119 million fund for space startups | Agencies
The Indian government on Thursday approved a 10 billion rupee ($119 million) fund for its burgeoning space sector, with 40 startups expected to benefit as the country strives to win a significant share of the commercial space marke... |
| 16.10.2024 | Agarwal Stumbled over Exchanges on X Aggarwal's defensive and confrontational reaction not only escalated the controversy but also redirected the focus from the concerns of customers to the behaviour ... | In the past week, Ola shares saw a dip after a social media spat between its CEO Bhavish Agarwal and comedian Kunal Kamra due to a post on X by latter over the piling up of complaints of company's electric scooters.
Kamra who voiced against... |
| 11.10.2024 | Special Navratri Offers on Online Booking of Electric Scooters with a Bajaj Finserv Two-wheeler Loan | Pune, Maharashtra, India
This Navratri, Bajaj Finance is offering exciting festive season offers for those looking to buy an electric scooter. Customers can avail of cashback of up to Rs. 5,000 on booking an electric scooter online through ... |
| 10.10.2024 | Ratan Tata: A Legacy of Vision and Compassion | Ratan Tata, a titan of industry, has left an indelible mark on India and the world. His passing at 86 is a moment of reflection for many. He was more than a businessman; he was a visionary, a philanthropist, and a leader who believed in the... |
| 10.10.2024 | Ratan Tata: The Legacy of a Corporate Visionary | Ratan Tata, a name synonymous with Indian industry, passed away at the age of 86. His life was a tapestry woven with threads of ambition, integrity, and philanthropy. He transformed the Tata Group from a modest textile company into a global... |
| 10.10.2024 | Ratan Tata, who put India's Tata Group on the global map, dies at 86 | Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday (Oct 9). He was 86.
... |
| 10.10.2024 | Ministry of Heavy Industries seeks inputs from ARAI on complaints against Ola Electric | The Ministry of Heavy Industries (MHI) has directed the Automotive Research Association of India (ARAI) to provide detailed inputs regarding consumer complaints against Ola Electric.
Ola Electric is a beneficiary of the FAME II and PM E-DRI... |
| 10.10.2024 | Ratan Tata: Part corporate titan, part saint | Ratan Naval Tata, who died in Mumbai at the age of 86 years, enjoyed a unique status - a corporate titan who was considered a secular living saint with a reputation for decency and integrity.
Tata joined the family firm after acquiring a B.... |
| 10.10.2024 | Payments firm Tonetag looks to bag $50 million from Iron Pillar, others | ETtech
Amazon-backed payments startup Tonetag is in talks with Iron Pillar for raising at least $50 million (about Rs 420 crore approx.), according to people with knowledge of the development. The funding would be a mix of primary and secon... |
| 09.10.2024 | Finance automation startup ZenStatement raises $1.6 million in seed funding | ETtech
Finance automation and cash flow management platform ZenStatement has raised $1.62 million in a funding round led by 3One4 Capital and Boldcap VC, with participation from Dynamis Ventures and Atrium Angels.
State Election Results
J-K... |
| 08.10.2024 | Ola Electric receives show cause notice amid service concerns | Ola Electric Mobility Limited has received a show cause notice from the Central Consumer Protection Authority (CCPA) for alleged violations of consumer rights, misleading advertisements, and unfair trade practices.
Shares of Ola Electric Mo... |
| 07.10.2024 | Yulu surpasses $30 million ARR, becomes Ebitda profitable | Shared electric vehicle mobility firm Yulu’s annual recurring revenue (ARR) has crossed $30 million. The company turned Ebitda positive on growing demand from the quick commerce segment, food delivery services, and policy tailwinds.
Yulu, w... |
| 07.10.2024 | Ola Electric shares plunge following CEO’s Twitter spat with comedian | Ola Electric’s stock price tumbled today following a heated exchange on social media between the company’s CEO, Bhavish Agarwal, and stand-up comedian Kunal Kamra. The shares of Ola Electric Mobility Limited were trading at ₹90.25 down by ₹... |
| 02.10.2024 | Global VC activity declines in Q3 | NVCA 1st look | GamesBeat Next is almost here! GB Next is the premier event for product leaders and leadership in the gaming industry. Coming up October 28th and 29th, join fellow leaders and amazing speakers like Matthew Bromberg (CEO Unity), Amy Hennig (... |
| 29.09.2024 | Auto component maker Bosch not yet eligible for PLI scheme: Government official | Auto components manufacturer Bosch has not met the minimum 50 per cent domestic value addition (DVA) requirement for the auto production linked incentive (PLI) scheme yet, disbursal for which will start from October.
“Companies who have ach... |
| 28.09.2024 | Ola Electric To Double Service Centres To 1,000 By Year End The company is imparting training to one lakh third-party mechanics under its Network Partner Program to make every mechanic in India EV-rea... | Ola electric is planning to expand its company owned service network to 1000 centres by December this year, Bhavish Aggarwal, Co-founder and CEO of the company said.
The company has around 800 stores and 500 service centres across the count... |
| 27.09.2024 | Ola Electric: Powering Up the Future of Mobility | Ola Electric is revving up its engines. The company is on a mission to transform the electric vehicle (EV) landscape in India. With ambitious plans to expand its sales and service network, Ola Electric aims to reach new heights by the end o... |
| 27.09.2024 | Ola Electric aims to double its service network to 1000 centres by December | Ola Electric has announced plans to double its company-owned service centers, expanding from 500 to 1,000 by December 2024.
The company plans to introduce a quick-service guarantee in a phased manner. Customers whose service cases take long... |
| 26.09.2024 | Ola Electric plans to expand sales, service infra to 10k outlets by 2025-end | Ola Electric on Thursday said it will establish 10,000 sales and service outlets by the end of 2025 to expand its reach across smaller cities and towns.
The electric two-wheeler maker said it has initiated a network partner programme aimed ... |
| 23.09.2024 | Swiggy's IPO: A Culinary Leap into the Stock Market | Swiggy is stirring the pot. The food delivery giant is gearing up for a significant IPO, aiming to raise Rs 5,000 crore, roughly $602 million. This move marks a pivotal moment for the Bengaluru-based company, which has been a staple in the ... |
| 23.09.2024 | Food delivery and quick commerce company Swiggy to raise Rs 5,000 Cr via fresh issue | As part of its initial public offering (IPO), food delivery and quick commerce company Swiggy plans to raise Rs 5,000 crore ($602 million) through a new issue. With plans to seek board approval for the offer for sale (OFS) in the first week... |
| 12.09.2024 | The Unicorn Board Adds 8 New Companies, With One Newly Minted Entry Valued At $16B | 1 Shares Email Facebook Twitter LinkedIn
Eight companies joined The Crunchbase Unicorn Board in August, with six based in the U.S., and two hailing from China and India, respectively.
Among them was Huawei Technologies’ smart car subsidiary... |
| 10.09.2024 | Special Ganesh Chaturthi offers with the Bajaj Finserv Two-wheeler Loan | Pune, Maharashtra, India
Great savings with festive cashback offers on new bike or scooter bookings with a two-wheeler loan from Bajaj Finance.
Special Ganesh Chaturthi offers with the Bajaj Finserv Two-wheeler Loan
Ganesh Chaturthi celebra... |
| 09.09.2024 | Carlyle's Bold Move: A $1.2 Billion Bet on Hexaware's IPO | The financial world is buzzing. Carlyle Group's affiliate, CA Magnum Holdings, is set to sell a staggering $1.2 billion stake in Hexaware Technologies. This is no small fry. It’s a bold maneuver in the Indian IPO landscape, which is heating... |
| 09.09.2024 | Ather Energy to file Rs 45 Bn IPO papers next week
Deep Industries wins Rs 14.02 billion ONGC contract for production boost
Why Public EV Chargers Rarely Deliver the Promised Fast Speeds
Odisha poised... | ECONOMY & POLICY Ather Energy to file Rs 45 Bn IPO papers next week
09 Sep 2024 2 Min Read CW Team
Tiger Global-backed startup Ather Energy will be filing its draft prospectus for an initial public offering (IPO) in the first half of th... |
| 07.09.2024 | Carlyle affiliate to sell up to $1.2b stake in Hexaware Tech's India IPO | Carlyle Group affiliate, CA Magnum Holdings, plans to sell shares worth 99.5 billion rupees ($1.2 billion) in the upcoming IPO of Hexaware Technologies, according to draft papers filed on Friday.
The US-based private equity giant acquired a... |
| 29.08.2024 | Electric Dreams and Financial Streams: India’s Economic Landscape Shifts | India is on the cusp of a transformation. The electric vehicle (EV) sector is buzzing with activity, and financial services are consolidating like never before. The government’s recent approvals for the productivity-linked incentive (PLI) s... |
| 27.08.2024 | Centre Energizes EV Sector with PLI Approvals
hBits Seeks SEBI License for Small and Medium REITs
JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project
Chatterjee Group Seeks Partnership with Indian Oi... | ECONOMY & POLICY Centre Energizes EV Sector with PLI Approvals
27 Aug 2024 2 Min Read CW Team
The government has approved 50 out of the 74 applications it received from automakers for its productivity-linked incentive (PLI) scheme aimed... |
| 27.08.2024 | Central Schemes Boost Domestic EV Manufacturing and Sales: Industry Players This comes after the government approved around 50 of the 74 applications it received for the production-linked inventive (P... | With central government coming up with new incentives and schemes to up-lift the Electric Vehicles (EVs) industry, the EV manufacturers are hopeful that these measures will further boost the sector for the betterment.
As government initiati... |
| 23.08.2024 | The Electric Rollercoaster: Ola Electric's Market Struggles Amid Subsidy Uncertainty | The electric vehicle (EV) market in India is a thrilling ride, full of ups and downs. Ola Electric, once the undisputed champion of electric scooters, is now facing a steep decline. In just two months, its market share plummeted from 39% in... |
| 23.08.2024 | Акции производителя самокатов Ola Electric выросли на 82% и достигли $7 млрд | Стремительный рост акций Ola Electric Mobility Ltd. подтверждает правильность намерения основателя вывести компанию на биржу, несмотря на первоначальный скептицизм относительно оценки.
Акции Ola Electric выросли почти на 82% менее чем за дв... |
| 22.08.2024 | Mid-day Mood | Nifty, Sensex hold firm as PSU Banks, FMCG stocks shine; VIX eases 2% | The India VIX, a measure of market anxiety, declined slightly by over 2 percent, settling at 13.
Benchmark indices NSE Nifty 50 and Sensex managed to hold on to gains following a strong start to trading on August 22 as positive global cues ... |
| 20.08.2024 | With no headwind on FAME-III, EV manufacturers concerned on festive sales post EMPS expiry on September 30 | With Electric Mobility Promotion Scheme (EMPS) expiring on September 30, electric two/three-wheeler manufacturers are concerned with no progress or announcement of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-III) scheme... |
| 17.08.2024 | Ola Electric: Riding the Wave of E-Motorcycle Innovation | Ola Electric is making waves in the bustling Indian two-wheeler market. With a recent surge in valuation to nearly $7 billion, the company is positioning itself as a formidable player in the electric vehicle (EV) landscape. The launch of it... |
| 16.08.2024 | The Electric Revolution: Ola's Bold Leap into E-Bikes and Quick Commerce | Ola Electric is revving up the future. The company has unveiled its latest lineup of electric motorcycles, dubbed ‘The Roadster Series.’ This bold move signals a shift in the Indian two-wheeler market. With three models—Roadster X, Roadster... |
| 16.08.2024 | India's Ola Electric soars to $7 billion valuation on e-motorcycle launch, battery plan | BENGALURU : India's top e-scooter maker Ola Electric Mobility surged 20 per cent on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it will lower costs by using i... |
| 16.08.2024 | Bhavish Makes Slew Of Announcements At Sankalp Event The Founder and CEO announced a rebranding of its ride-hailing division from Ola Cabs to Ola Consumer. | With six lakh people watching live and nearly 8,000 people in attendance at the Ola Futurefactory in Bengaluru, Ola organised its biggest ever event where Founder and CEO Bhavish Aggarwal made slew of announcements for its various verticals... |
| 16.08.2024 | Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan | Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric | Credit: Reuters/Francis Mascarenhas
India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after ... |
| 15.08.2024 | Ola Electric rolls out e-bikes, announces quick commerce foray | Ola Electric has launched three electric motorcycles and announced the integration of its battery cells in its vehicles.
The electric motorcycle portfolio, ‘The Roadster Series‘ has three motorcycles – Roadster X, Roadster and Roadster Pro.... |
| 14.08.2024 | Ola Electric posts net loss of ₹347 crore | EV maker Ola Electric reported revenue from operations of ₹1,644 crore for the quarter ended June 30, 2024, up 32.3 per cent from ₹1,243 crore in the corresponding quarter of the previous financial year.
Consolidated net loss stood at ₹347 ... |
| 14.08.2024 | With $71 M from current backer NIIF, Ather becomes unicorn | With the acquisition of $71 million from current investor National Investment and Infrastructure Fund (NIIF), Bengaluru-based Ather Energy, a manufacturer of electric scooters, has joined the unicorn club.
Ather’s estimated net worth is $1.... |
| 14.08.2024 | India's Ola Electric posts bigger Q1 loss as incentives drop, costs rise | Previous
Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric, poses for pictures ahead of the company's IPO launch in Mumbai, India, July 29, 2024. REUTERS/Francis Mascarenhas/ File Photo
Bhavish Aggarwal, CEO of Ola Cabs, and fou... |
| 13.08.2024 | Ather Energy enters unicorn club after raising $71M funding from NIIF
Recommended Stories For You | Electric two-wheeler maker Ather Energy has turned unicorn after raising Rs 600 crore ($71 million) from existing investor National Investment Infrastructure Fund (NIIF) in a new funding round, two sources told YourStory.
This comes days ... |
| 13.08.2024 | Ather Energy becomes unicorn after raising $71 million funding from NIIF | Electric two-wheeler maker Ather Energy has turned unicorn after raising ₹600 crore ($71 million) from existing investor National Investment Infrastructure Fund (NIIF) in a new funding round, according to sources.
NIIF, the Indian soverei... |
| 09.08.2024 | India's Ola Electric surges 20% on debut on EV optimism | Previous
Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric and his wife, Rajalakshmi Aggarwal light the ceremonial lamp ahead of Ola Electric's listing ceremony at the National Stock Exchange (NSE) in Mumbai, India, August 9, 20... |
| 06.08.2024 | IBC Plans To Raise USD 15 Mn For Battery Cell Plant In India According to the investors in the segment, opening a cell factory in India will be challenging in terms of infrastructure, logistics and re... | With an objective to build its first plant in India for manufacturing lithium-ion battery cells, International Battery Company is planning to raise USD50 million. In June 2023, IBC had set up a pilot factory in South Korea to refine the cel... |
| 06.08.2024 | Ola Electric gets bids worth $1.8 billion in India's first EV IPO | BENGALURU : Ola Electric's IPO drew $1.8 billion in bids as the share sale closed on Tuesday, as investors piled into the first stock offering by a pure-play electric vehicle maker in India.
The SoftBank-backed company's $734 million IPO, a... |
| 05.08.2024 | Indian e-scooter maker Ola Electric's $734 million IPO fully subscribed | BENGALURU :Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets.
The SoftBank-backed company's IPO, the first by an e... |
| 05.08.2024 | Ola Electric's Ananthan Advocates Circular Economy from Design Stage
ZF Develops Smart CV Technologies with Software
AAI Invests Rs.796 Crore in Airport Repairs
Tractor Sales Contract by 12% in July | ECONOMY & POLICY Ola Electric's Ananthan Advocates Circular Economy from Design Stage
05 Aug 2024 2 Min Read CW Team
In recent decades, technological advancements in India have become a significant trend, leading to increased exploratio... |
| 03.08.2024 | Essar Group-backed IT systems integrator Black Box raises Rs 410 crore | Agencies
Essar Group-backed IT systems integrator Black Box has raised Rs 410 crore via preferential issue aimed towards expanding data centre infrastructure services globally and tap in the growing demand for AI computing.
Read More News o... |
| 03.08.2024 | Ola Electric Opens For 2024's Biggest Issue with IPO Size of ₹6,146 Cr Notably, this will be the largest since the state-owned Life Insurance Corp (LIC) of India's INR 21,000 crore IPO in May 2022 | Ola Electric, on Friday, opened its INR 6,146 crore Initial Public Offering (IPO) for subscription and will conclude on August 6.
Notably, this will be 2024's biggest issue till date and the largest since the state-owned Life Insurance Corp... |
| 02.08.2024 | [Weekly funding roundup July 27- Aug 2] Sharp rise in VC inflow
Recommended Stories For You | August has brought with it a cheer in the venture capital ecosystem.
The first week of the month saw venture capital funding touching $332 million across 22 deals. In comparison, the previous week saw only $71 million coming in. The startup... |
| 01.08.2024 | After over a decade, India Inc tunes up IPO route to fund growth | The proceeds raised through the OFS component goes to the selling shareholders and the company does not benefit in terms of getting any part of the issue proceeds.
After a gap of more than a decade, India Inc appears to be raising more mone... |
| 01.08.2024 | India's Ola Electric IPO attracts $2 billion of bids from big institutions, source says | BENGALURU :Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares allocated to Nomura, Norges Bank and some Indian mutual funds, a source with direct knowledge said.
India... |
| 31.07.2024 | Ola Electric Sets IPO Price Band
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players report... | ECONOMY & POLICY Ola Electric Sets IPO Price Band
31 Jul 2024 2 Min Read CW Team
Ola Electric has announced the price band for its initial public offering (IPO), setting it between ?72 and ?76 per share. The IPO is a significant step fo... |
| 31.07.2024 | E-commerce SaaS platform Unicommerce prepares for its August 6 IPO launch, files RHP | E-commerce SaaS platform Unicommerce has submitted its red herring prospectus (RHP) and is scheduled to go public on August 6. Following FirstCry and Ola Electric, Unicommerce will be the third SoftBank-backed company to open for business d... |
| 31.07.2024 | Fidelity, Nomura Eye Ola Electric IPO
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate players r... | ECONOMY & POLICY Fidelity, Nomura Eye Ola Electric IPO
31 Jul 2024 2 Min Read CW Team
Fidelity and Nomura are preparing to submit bids for Ola Electric's upcoming Initial Public Offering (IPO) in India. This move signals strong interest... |
| 31.07.2024 | Ola Electric to Launch Rs.5500 Crore IPO
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estate player... | ECONOMY & POLICY Ola Electric to Launch Rs.5500 Crore IPO
31 Jul 2024 2 Min Read CW Team
Ola Electric Mobility is set to launch its Initial Public Offering (IPO) on August 2, aiming to raise ?5500 crore. This move marks a significant mi... |
| 30.07.2024 | IPO-bound Ather Energy raised Rs 60 Cr debt funding | Even before it might go public, Ather Energy has been raising debt financing. Through its trustee Vistra ITCL, the Bengaluru-based company raised debt from Stride Ventures totaling Rs 60 crore, or more than $7 million.
The manufacturer of e... |
| 30.07.2024 | Ola Electric’s IPO to be launched on August 2 | The electric mobility company Ola Electric revealed that the issue will open to the public on August 2 and close on August 6, with the anchor book for the offering scheduled to launch on August 1.
Ola Electric filed the DRHP to raise Rs 5,5... |
| 29.07.2024 | Ola Electric Faces Legal Challenge from CE Info Systems Over Ola Maps Data Allegations The allegations were revealed on the day Ola held a media briefing to talk about its upcoming public issue. | CE Info Systems, the parent company of MapMyIndia, has filed a legal notice against Ola Electric, accusing the company of unlawfully replicating its proprietary data to develop Ola Maps.
"You have duplicated our client's API (applicati... |
| 29.07.2024 | Deals in brief: Hive Health raises USD 6.5 million, AgFunder VC closes fourth early-stage fund, ten China and India deals, and more | Hive Health raises USD 6.5 million in pre-Series A round
Hive Health, a health insurance company based in Manila, has raised USD 6.5 million in a pre-Series A funding round. Key investors include Gentree Fund and Beenext, with participation... |
| 29.07.2024 | Ather Energy raises Rs 60 Cr in debt from InnoVen Capital
Recommended Stories For You | Bengaluru-based Ather Energy raised Rs 60 crore in debt funding from InnoVen Capital India Fund through its trustee, Vistra ITCL, the company said in a filing with the Ministry of Corporate Affairs.
The electric vehicle company will allot 6... |
| 29.07.2024 | Super busy week ahead for primary market with 10 IPOs including Ola launch, 10 listings scheduled | IPOs To Watch
The primary market will see big action in the week ahead starting July 29 as participants will get opportunities to invest in 10 initial public offerings including the much-awaited Ola Electric Mobility IPO, especially after t... |
| 28.07.2024 | Fidelity, Nomura line up bids for Ola Electric's India IPO, sources say | DealsFidelity, Nomura line up bids for Ola Electric's India IPO, sources say
By Aditya KalraJuly 28, 20246:59 PM UTCUpdated ago
Text
Small Text
Medium Text
Large Text
Share
X
Facebook
Linkedin
Email
Link
Ola Electric's S1 Air e-scooters are... |
| 27.07.2024 | Ola Electric's revenue hits Rs 5,000 crore, losses widen by 8% in FY24 | Ola Electric Reports FY24 numbers
IPO-bound Ola Electric FY24 operating revenues jumped by 90 percent to Rs 5,009 crores, driven by a surge in e-scooter sales that have cemented the company's dominance with over 50 percent market share, the... |
| 27.07.2024 | Ola Electric IPO to open for public on August 2 | EV maker Ola Electric’s initial public offering (IPO) will open for retail subscription on August 2 and the public offering will value the company between $4.2 billion to $4.4 billion.
The IPO will close for retail subscriptions on August 6... |
| 27.07.2024 | Yellen says Japan explained 2022 FX intervention, Nikkei reports | Asian MarketsYellen says Japan explained 2022 FX intervention, Nikkei reports
By ReutersJuly 26, 202411:38 PM UTCUpdated ago
Text
Small Text
Medium Text
Large Text
Share
X
Facebook
Linkedin
Email
Link
U.S. Treasury Secretary Janet Yellen re... |
| 26.07.2024 | Ola Electric IPO's anchor book likely on August 1; issue may launch between August 2-6 for public | Ola Electric filed its draft red herring prospectus (DRHP) with the market regulator Sebi on December 22, 2023.
Bhavish Aggarwal-led Ola Electric is gearing up to launch the anchor book for its widely anticipated IPO on August 1, with the i... |
| 25.07.2024 | SoftBank-backed Ola Electric suspends India car project to focus on scooters, bikes, sources say | NEW DELHI : India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
Ola's founder Bhavish Agg... |
| 16.07.2024 | SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO | Ola Electric's S1 Air e-scooters | Credit: Reuters/VarunVyas Hebbalalu
SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its upcoming initial public offering (IPO), around 16-20% l... |
| 13.07.2024 | EV Companies Should Invest Into Supply Chain: Bhavish Aggarwal His comments came after Zerodha co-founder Nikhil Kamath took a light-hearted dig at Ather Energy's marketing strategy. Kamath appreciate... | Ola CEO Bhavish Aggarwal said that electric vehicle manufacturers should save money and invest it into the supply chain that will boost the sales.
He took to microblogging site 'X' on Friday to give advice to EV companies that invest heavil... |
| 10.07.2024 | OLA Surging Ahead Pre-IPO: Nuvama Report OLA Electric is the new addition to the list of new IPOs from India and more recently, the Securities and Exchange Board of India (SEBI) gave its nod for the E... | OLA Electric is the new addition to the list of new IPOs from India and more recently, the Securities and Exchange Board of India (SEBI) gave its nod for the EV maker to go public.
Last December, OLA Electric submitted a draft red herring p... |
| 03.07.2024 | Ola Electric's Solid-State Battery Revolution | Ola Electric, the Indian electric scooter manufacturer, is making waves in the industry with its development of solid-state batteries. Chairman Bhavish Aggarwal revealed that the company is on track to power its vehicles with these innovati... |
| 03.07.2024 | FirstCry and Unicommerce receive approval for their IPO from SEBI | Initial public offerings (IPOs) by SoftBank-backed FirstCry, an omnichannel retailer with a focus on kids’ products, and Unicommerce, an e-commerce SaaS startup, have been given final approval by the Security Exchange Board of India (SEBI).... |
| 02.07.2024 | Ola Electric developing solid-state batteries, says chairman
Vedanta Aluminium wins accolades for environment and energy excellence
IREDA loan surges to Rs 91.36 billion in April-June
India, Australia... | POWER & RENEWABLE ENERGY Ola Electric developing solid-state batteries, says chairman
02 Jul 2024 2 Min Read CW Team
Ola Electric, an Indian electric scooter manufacturer backed by SoftBank Group, is developing solid-state batteries and... |
| 01.07.2024 | CyberPeace Hosts Jharkhand’s Inaugural eSports Championship | On Sunday, CyberPeace and CyberPeace Cafe organized Jharkhand’s first-ever eSports championship, the CyberPeace eSports League, in celebration of World Social Media Day. The event took place at Level 7-CyberPeace Café, located near Reliance... |
| 30.06.2024 | Rise in Yarn Exports to China Boosts India’s Textile Industry | In FY24, India’s yarn exports experienced significant growth, with shipments to China increasing from 10 percent in FY23 to 21 percent. This surge is attributed to competitive prices of Indian cotton and the issues surrounding Xinjiang cott... |
| 29.06.2024 | Ola Electric to Develop Solid-State Batteries for Scooters by Next Year | Ola Electric is making strides in developing solid-state batteries, with plans to power its vehicles using its own cells by next year, according to founder and chairman Bhavish Aggarwal.
“We are in the very early stages of experimenting wit... |
| 29.06.2024 | FSIB Recommends Challa Sreenivasulu Setty as Next Chairman of SBI | The Financial Services Institutions Bureau (FSIB), responsible for appointing senior executives to public sector financial institutions, has recommended Shri Challa Sreenivasulu Setty as the next Chairman of the State Bank of India (SBI). T... |
| 29.06.2024 | World Bank Approves $1.5 Billion Financing to Boost Low-Carbon Energy Development in India | On Saturday, the World Bank sanctioned $1.5 billion in funding for a new initiative aimed at accelerating the development of low-carbon energy in India, the fastest-growing large economy globally. This funding will support the second phase ... |
| 24.06.2024 | SEBI approves Ola Electric’s $660 M IPO | The Security Exchange Board of India (SEBI) has finally given Ola Electric the all-clear to proceed with its initial public offering (IPO), six months after the company filed a draft red herring prospectus (DRHP).
Ola Electric submitted the... |
| 20.06.2024 | Ola Electric gets SEBI nod for $660 Mn IPO | Six months after filing a draft red herring prospectus (DRHP), Ola Electric has finally received a go ahead signal for its initial public offering (IPO) from the Security Exchange Board of India (SEBI).
In December 2023, Ola Electric filed ... |
| 19.06.2024 | Top Four Electric Scooters in India in 2024 | Share
Tweet
Share
Share
Email
The Indian transportation landscape is undergoing a thrilling shift towards electric vehicles. Electric scooters, in particular, are gaining immense popularity due to their affordability, environmental benefits... |
| 17.06.2024 | Trucking marketplace Blackbuck converts to public company | The internet-based trucking marketplace Blackbuck has gone public. With this, the business takes a step closer to its intended initial public offering (IPO).
The resolution to convert Blackbuck from a private to a public company has been ap... |
| 14.06.2024 | Prior to its IPO, Ola Electric raised Rs 100 Cr in debt | Alteria Capital has provided debt totalling Rs 100 crore, or roughly $12 million, to Ola Electric, which is preparing for an IPO. This is the company’s second round of debt funding for 2024; it is based in Bengaluru.
According to regulatory... |
| 13.06.2024 | Deals in brief: Matsuri Technologies secures Series D funding, BayaniPay bolsters Series A round with fresh capital, six China deals, and more | NewsDeals in brief: Smartworks bags USD 12 million, Thailand’s CP Group invests in GoPizza, IPO-bound Ola Electric nets debt funding, and more
Written by Jeff Chay Smartworks, GoPizza, Ola Electric, and more led yesterday’s headlines: Smart... |
| 13.06.2024 | The Thriving Startup Ecosystems of Southern India: Bengaluru, Kerala, Tamil Nadu, and Telangana Whether you are in Fintech, Life Sciences, Robotics, AgriTech, AI, or Clean Tech, these states of India ... | India's startup ecosystem has flourished over the past decade. With 1,17,254 Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups as of 31st December 2023, the country continues to climb the startup-friendly c... |
| 12.06.2024 | Deals in brief: Smartworks bags USD 12 million, Thailand’s CP Group invests in GoPizza, IPO-bound Ola Electric nets debt funding, and more | Smartworks secures USD 12 million capital boost
Smartworks, a Gurugram-based office space provider, has raised USD 12 million in a funding round led by Ananta Capital, with participation from around 45 investors including Plutus Capital, Ki... |
