| Date | Title | Description |
| 20.05.2024 | Hero MotoCorp To Take On Ola Electric, Eyes Mid & Mass Two-Wheeler EV Space | SUMMARY
The company plans to introduce new electric offerings under its brand VIDA in the first half of the current year
The automaker said that the new launches would be aimed at expanding its presence in the electric two-wheeler segment a... |
| 18.05.2024 | IPO-Bound Ola Electric In Discussions With Kaynes Tech’s Arm To Make Chips For Its EVs | SUMMARY
Ola Electric is reportedly in discussions with Kaynes Semicon to manufacture chips on its own design
Kaynes would be manufacturing the chips by assembling and processing the imported wafers
The semiconductor company is working on es... |
| 17.05.2024 | IPO-bound Awfis reports Rs 616 Cr income in first 9 months of FY24 | The year 2024 is turning out to be IPO season as over a dozen companies are ready to make their debut on the stock exchange. In the past 10 days, two companies – TBO Tek and general insurance Go Digit went public. Now, Awfis is slated to ge... |
| 16.05.2024 | After CEO, Ola CFO Kartik Gupta steps down | Kartik Gupta, chief financial officer (CFO) of Ola’s parent ANI Technologies, has quit after seven months of joining the ride-hailing company. This comes amid restructuring at the company ahead of its initial public offering (IPO).
Confirmi... |
| 13.05.2024 | Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs | - |
| 10.05.2024 | Ola Electric commences deliveries of its mass-market S1 X scooters | - |
| 09.05.2024 | Centre Contemplating Incentives For Lithium Processing: Report | SUMMARY
These incentives would be offered to companies for setting up lithium processing plants under a new critical minerals policy that was being worked out by the mines ministry
Earlier this year, Ola Electric was also reported consideri... |
| 02.05.2024 | $20 M raised by right issue for IPO-bound Portea Medical | Portea Medical, a provider of home healthcare solutions, has raised about $20 million through a rights issue. It is raising capital in the midst of preparing to make an initial public offering (IPO).
According to the company’s regulatory fi... |
| 01.05.2024 | Two-Wheeler EV Registrations Nosedive Over 50% MoM In April, Ola Takes 35% Hit | SUMMARY
Escooter registrations declined over 53% month-on-month to 64,013 units in April from over 1.37 Lakh units in March
Ola Electric continued to top the chart even as its vehicle registration declined almost 35% MoM to 33,062 units las... |
| 01.05.2024 | Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles | - |
| 25.04.2024 | Swiggy's Path to IPO Success | Swiggy, the food delivery giant, is on the brink of launching its $1.25 billion IPO as it secures shareholders' approval to raise over Rs 10,400 crore. The board at Swiggy has given the green light to a special resolution to raise funds thr... |
| 25.04.2024 | India In Talks For Overseas Partnerships For Lithium Processing | SUMMARY
Ministry of Mines has reportedly initiated discussions with Australia and the US last year for the partnerships
Executives from Russia's TENEX have also approached the Indian government offering lithium processing technology
Indian ... |
| 25.04.2024 | Swiggy gets shareholders’ nod to float $1.25 Bn IPO | Foodtech decacorn Swiggy is inching closer towards its public listing as the Bengaluru-based firm received shareholders’ nod to float its $1.25 billion IPO.
The board at Swiggy has passed a special resolution to raise up to Rs 3,750 crore (... |
| 23.04.2024 | Awfis, TBO receive final nod from SEBI for IPO | Co-working solutions provider Awfis has received the final nod from securities and exchange board of India (SEBI) for its initial public offering (IPO), the market watchdog notified on Tuesday.
The Delhi-based firm had filed its draft red h... |
| 19.04.2024 | After Ola Electric, Bhavish Aggarwal Plans $500 Mn IPO For Ola Cabs | SUMMARY
Ola Cabs plans to file draft IPO papers with the Securities and Exchange Board of India (SEBI) within three months
Ola Cabs’ IPO preparations started right after Bhavish Aggarwal’s other startup, Ola Electric, filed its DRHP in Dece... |
| 15.04.2024 | Ola Electric rolls out lower prices of S1 X range to challenge Ather’s Rizta | IPO-bound electric EV maker Ola Electric has slashed prices up to ₹10,000 for its S1 X portfolio scooter range.
The S1 X (2kWh) price has been reduced to ₹69,999. The S1 X also comes in 3-kWh and 4-kWh battery configurations will now cost ₹... |
| 10.04.2024 | Swiggy's Valuation Soars to $12.7 Billion | Swiggy, the Bengaluru-based food delivery decacorn, has seen its valuation skyrocket to $12.7 billion, thanks to a markup by US investor Invesco. This marks the second time Invesco has increased Swiggy's value, making it the third overall m... |
| 09.04.2024 | Invesco marks up Swiggy’s valuation to $12.7 Bn | Swiggy has once again witnessed a valuation mark up to $12.7 billion by US-based investor Invesco. This is the second markup in its value by Invesco and overall third for the Bengaluru-based foodtech decacorn.
This is an 18% jump in the val... |
| 09.04.2024 | Electric vehicle retail sales grow across segments in FY24, says Fada | Electric vehicle retail sales in India increased last fiscal with all the segments, including passenger vehicles and two-wheelers, witnessing enhanced registrations, according to automotive dealers' body FADA.
The overall sales of electric ... |
| 07.04.2024 | Indian Startups Accelerate Funding with Ola Electric Leading the Charge | Indian startups have been on a funding spree, raising a total of $151.6 million in just one week. Ola Electric, in particular, secured a significant chunk of this funding with a whopping $50 million in debt financing. The enterprisetech sec... |
| 06.04.2024 | Bring home a new two-wheeler with Gudi Padwa offers from Bajaj Finance | Pune, Maharashtra, India
Book your dream bike or scooter on EMI with Bajaj Finance and enjoy Utsav Unlimited with special Gudi Padwa offers.
Bring home a new two-wheeler with Gudi Padwa offers from Bajaj Finance
Gudi Padwa, the New Year cel... |
| 06.04.2024 | From Ola Electric To Namdev Finvest — Indian Startups Raised $151 Mn This Week | SUMMARY
Indian startups cumulatively raised $151.6 Mn from 22 deals between April 1-6
Ola Electric bagged $50 Mn in debt funding, the biggest fundraise this week
Enterprisetech sector bagged the most funding of $52.3 Mn through 8 deals
FOLL... |
| 05.04.2024 | [Indian Startup Funding Weekly Roundup April 1 to April 5] Nivara Home Finance, Curelo, Hudle, Ola Electric, Two Others Raise Funding | Several Indian startups have raised funds across various categories from April 1 to April 5, including housing finance, sports tech, EV, etc. We will highlight six such transactions, including how these startups plan to use the raised capit... |
| 03.04.2024 | 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 March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
| 02.04.2024 | 'Wait for 7 months'; Buyers line up as Xiaomi launches new SU7 sedan EV | In a strategic move to diversify beyond its smartphone business, Xiaomi has ventured into the electric vehicle (EV) market, unveiling its SU7 sedan last week. This transition, first hinted at in 2021, marks Xiaomi's ambitious foray into a n... |
| 01.04.2024 | India is our top priority market this year: President, Asia Pacific, Hilton | With a sustained boom in domestic travel, global hospitality giant Hilton is set to triple its footprint in India by 2027. In an exclusive interview with Business Standard’s Akshara Srivastava, Alan Watts, president, Asia Pacific, Hilton, t... |
| 01.04.2024 | EV manufacturer Ola Electric raised Rs 410 Cr Debt from EvolutionX | Through EvolutionX’s non-convertible debentures, Ola Electric has raised Rs 410 crore, or roughly $50 million.
In order to raise Rs 410 crore, the board of Ola Electric has decided to issue 41,000 NCDs (non-convertible debentures) at an iss... |
| 19.03.2024 | Ather Energy all set to expand its presence in the family scooter segment | To deal with rising competition from players like Ola Electric and TVS, Ather Energy is all set to expand in the family scooter segment by launching Ather Rizta on April 6.
This is a strategy to mark its presence in the segment, which contr... |
| 19.03.2024 | India's EV Policy Attracts Global Players | ECONOMY & POLICY India's EV Policy Attracts Global Players
19 Mar 2024 2 Min Read CW Team
India's electric vehicle (EV) policy is proving to be a catalyst for attracting global players to invest in the country's rapidly growing EV marke... |
| 19.03.2024 | India’s electric two-wheeler startups surge to over 150 as government revs up EV push | The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis.
The influx has intensified com... |
| 18.03.2024 | VinFast hails India’s new EV policy, pledges $500 million | Vietnamese electric vehicle (EV) maker VinFast on Monday said the Centre’s recent announcement of new EV policy would create competencies, upskilling and set up a robust supply chain in the country.
“We highly value the Indian government’s ... |
| 13.03.2024 | CIL, Vedanta, Adani seek lithium mining rights in Korba, Chhattisgarh | COAL & MINING CIL, Vedanta, Adani seek lithium mining rights in Korba, Chhattisgarh
13 Mar 2024 CW Team
Various companies including Coal India, Vedanta, Adani Group, and Jindal, have conveyed their interest in conducting a survey and ex... |
| 07.03.2024 | Auto retail sales jump 13%, PV sales scale record high in February | India’s automobile retail sales jumped 13 per cent in February to 2.03 million units, compared to 1.79 million units in February 2023. The increase is attributed to enhanced vehicle availability, improved demand due to economic conditions, ... |
| 07.03.2024 | Ola Electric receives ICAT's first PLI Automotive Certificate | ECONOMY & POLICY Ola Electric receives ICAT's first PLI Automotive Certificate
07 Mar 2024 CW Team
Ola Electric Technologies Pvt. Ltd. has been honoured with the inaugural PLI Automotive Certificate by the International Centre for Autom... |
| 06.03.2024 | Ola Electric receives ICAT's PLI Automotive certification | ECONOMY & POLICY Ola Electric receives ICAT's PLI Automotive certification
06 Mar 2024 CW Team
The first PLI ? Automotive Certificate from the International Centre for Automotive Technology (ICAT), Manesar, was awarded to Ola Electric T... |
| 05.03.2024 | Tata Motors demerger: Stock can potentially rally another 27%; hints chart | Shares of Tata Motors jumped over 5 per cent to a new life-time high of Rs 1,035 in intra-day deals on Tuesday after the auto major announced the demerger of its commercial vehicles and passenger vehicles.
With today's sharp gain, the stock... |
| 30.10.2023 | Deals in brief: J&T Express makes HKEX debut, Gentari and GIC invest in AM Green Ammonia Holdings, multiple China and India deals, and more | J&T Express raises USD 450 million in Hong Kong Stock Exchange debut
The logistics service provider made its debut on the Hong Kong Stock Exchange last Friday, revealing a public offer price of HKD 12 (USD 1.53) per share, resulting in ... |
| 26.10.2023 | Temasek leads $384m round of Ola Electric | InvestmentsNews
Lokesh Choudhary · 2h ago · 2 min readTemasek leads $384m round of Ola Electric
Photo credit: Ola Electric
India-based Ola Electric has secured around US$384.4 million in fresh funding, with Singapore’s Temasek as lead inves... |
| 11.09.2023 | Deals in brief: Tin Men Capital leads investment in Manuva, MedEasy secures seed funding round, and more | Tin Men Capital leads USD 8 million investment in Manuva
The Indonesian supply chain platform has raised USD 8 million in a new financing round led by Singapore-based venture capital firm Tin Men Capital. The VC firm invested USD 3 million ... |
| 08.09.2023 | Deals in brief: Temasek leads pre-IPO round for Ola Electric, Certa completes Series B round, and more | Investors are turning their attention to the electric vehicle sector with multimillion-dollar deals secured by several EV companies in Singapore, China, and India.
Two-wheelers are a primary mode of transportation in India, naturally making... |
| 09.06.2023 | Indian electric scooter startup OLA Electric in talks with investors about its $1 billion planned IPO | Ola Electric, a Bengaluru, India-based electric scooter startup, is reportedly gearing up for its highly anticipated stock market listing, according to Reuters, which first reported the story.
Citing sources familiar with the matter, Reute... |
| 28.12.2022 | Ola Electric sells 1.5 lakh EV scooters in 2022, eyes expansion in export markets | (Source: Ola Electric)
Two-wheeler electric vehicle maker, Ola Electric has sold around 1,50,000 EVs this year and is aiming to leverage its manufacturing capacity and technology to export from India to all relevant markets like South East ... |
| 29.07.2022 | Ola Electric briefly suspends production at Future Factory | NewsStartups
Kul Bhushan · 2d ago · 1 min readOla Electric briefly suspends production at Future Factory
Ola Electric, the electric vehicle arm of Indian ride-hailing major Ola, halted production of its e-scooters at its “Future Factory” fo... |
| 28.07.2022 | Ola sacks 1,000 staff to open door for EV expansion | NewsStartupsTransportation
Thao Lam La · 2d ago · 2 min readOla sacks 1,000 staff to open door for EV expansion
Indian ride-hailing platform Ola is laying off nearly 1,000 staff across its mobility, hyperlocal, fintech, and used-car busines... |
| 18.07.2022 | Ola Electric to set up $500m battery research facility | GreenTechInvestmentsNews
Kul Bhushan · 18 Jul 2022 · 1 min readOla Electric to set up $500m battery research facility
Ola Electric, the electric vehicle arm of Indian ride-hailing major Ola, will invest US$500 million to set up a battery in... |
| 06.07.2022 | Ola may dismiss 500 staff to focus on electric unit | NewsStartupsTransportation
Shadine Taufik · 1d ago · 1 min readOla may dismiss 500 staff to focus on electric unit
Ola, an India-based ride-sharing platform, may lay off 500 employees to cut costs amid the poor macroeconomic landscape, The ... |
| 23.04.2022 | Ola Electric recalls thousands of scooters after one sets on fire | GreenTechNewsStartups
Aditya Hadi Pratama · 25 Apr 2022 · 1 min readOla Electric recalls thousands of scooters after one sets on fire
Ola Electric, the electric vehicle arm of Indian ride-hailing firm Ola, has announced that it will recall ... |
| 21.03.2022 | 🇮🇳 Roundup: Reliance VC arm buys online lingerie firm for $125m (Updated) | InvestmentsNewsStartups
Aditya Hadi Pratama · 7h ago · 3 min read🇮🇳 Roundup: Reliance VC arm buys online lingerie firm for $125m (Updated)
Update (March 21, 7.20 p.m. SGT): Adds news on PhonePe’s acquisition of GigIndia.
Startups in India, ... |
| 17.03.2022 | Ola Electric inducts former LG Chem Power CEO Prabhakar Patil onto its Board | BENGALURU, India, March 17, 2022 /PRNewswire/ -- Ola Electric, India's leading manufacturer of EVs, has inducted onto its Board Dr. Prabhakar Patil, former Chief Executive Officer of LG Chem Power.
Ola Electric inducts former LG Chem Power ... |
| 10.02.2022 | Shifting Gears: How Startups Are Cleaning Up Transportation In India | By Abhirat Shinde |
| 20.10.2021 | Ola S1 and S1 Pro test rides to begin on November 10 | The Ola S1 and S1 Pro electric scooters will be available for test rides from November 10.
The company has pushed the final payment window to November 10.
The next phase of booking will begin from November 1.
Advertisement
If you are lookin... |
| 20.09.2021 | As Indian Companies Seek To Hire More Women, E-Scooter Maker Ola Electric Puts Them In Driver’s Seat | Bhavish Aggarwal, cofounder and CEO of Ola, poses for a photo on the new Ola electric scooter during ... [+] its launch at the company's headquarters in Bangalore on August 15, 2021.MANJUNATH KIRAN/AFP via Getty Images |
| 16.09.2021 | Ola S1 and S1 Pro Electric Scooters Sold 80K Units in the 1st 12Hrs | 70 MPH, 8.5kW Motor, 112 Mile Range, and More | Urian B., Tech Times 16 September 2021, 05:09 am
(Photo : Image from Ola Website) Ola S1 and S1 Pro Electric Scooters Sold 80K Units in the 1st 12Hrs | 70 MPH, 8.5kW Motor, 112 Mile Range, and More
The Ola S1 and S1 Pro electric scooters ar... |
| 15.09.2021 | How to buy Ola electric scooter S1 and S1 Pro | The Ola S1 and S1 Pro electric scooters are now available for purchase.
Users who had pre-booked the vehicle will be able to place an order.
Customers are required to pay an advance amount of ₹20,000 to book their vehicle.
Advertisement
The... |
| 08.09.2021 | Ola e-scooters go on sale: Here’s how you can purchase it | Ola scooters were launched last month on August 15.
They are available in two variants- S1 and S1 Pro.
S1 is priced at ₹99,999 while S1 Pro retails at ₹1,29,999.
Advertisement
Ola’s e-scooters are going out on sale from today onwards. The e... |
| 07.09.2021 | Ola S1 and S1 Pro electric scooter to go on sale from September 8: Price, finance options, delivery date and more | The Ola S1 and S1 Pro will go on sale from September 8 on the company’s website.
Users who had reserved the scooter will be able to purchase the scooter.
The company has revealed finance options, insurance details, delivery schedule and mor... |
| 27.07.2021 | India’s EV Market Gets All Charged Up As Ola Electric Revs Up For Launch | Bhavish Aggarwal, cofounder and CEO of ride-hailing platform Ola Cabs, in Bengaluru, India, on March ... [+] 5, 2021.Dhiraj Singh/Bloomberg |
| 22.07.2021 | Ola Scooter will come in ten different colours – check out all the variants and design | The Ola Scooter will be available in ten colours.
The Ola Scooter will be the first electric vehicle from the ride-hailing giant.
When launched, the Ola Scooter will compete with the likes of the Ather 450X, TVS iQube, Bajaj Chetak and soon... |
| 16.07.2021 | Ola electric scooter price, design and everything we know so far | The Ola Scooter will be the first electric vehicle from the ride hailing giant.
When launched, the Ola Scooter will compete with the likes of the Ather 450X, TVS iQube, Bajaj Chetak and soon, Simple One.
Here’s everything you need to know a... |
| 16.07.2021 | Book Ola’s New Electric Scooter For Rs 499: Launch Date, USPs, Incentives & More | Ola electric scooter can be reserved online for only a deposit of Rs 499, which the company states is 100% refundable.
On July 15, Ola Electric started accepting bookings for its upcoming electric scooter, Ola Scooter on its website, https:... |
| 15.07.2021 | Ola Electric kickstarts pre-bookings of its first electric scooter at ₹499 | Ola Scooter, the first electric vehicle from Ola, is now available for pre-booking.
Interested buyers can book their Ola Scooter by paying a refundable deposit of ₹499 on the company’s website.
Ola Electric’s Bhavish Aggarwal says this is t... |
| 12.07.2021 | [Funding alert] Ola Electric raises $100M long term debt from Bank of Baroda | Ola Electric and Bank of Baroda today signed a 10-year $100 million debt towards the funding and financial closure of Phase 1 of the Ola Futurefactory, Ola's global manufacturing hub for its electric two-wheelers, according to a press state... |
| 12.07.2021 | Ola Electric Secures $100 Mn Debt For Phase I Of Ola Future Factory | Bengaluru-based Ola Electric, the electric two-wheeler manufacturing arm of ride-hailing firm Ola on Monday ( July 12) announced that it will be raising $100 Mn in debt financing over 10 years from Bank of Baroda. Ola Electric and Bank of B... |
| 12.07.2021 | Ola Electric raises $100 mn in long-term debt from Bank of Baroda | Ola Electric, the electric vehicles (EV) arm of cab aggregator Ola, on Monday announced that it had raised $100 million (Rs 744.5 crore) in long-term debt from Bank of Baroda.
The company claimed this to be the largest long-term debt financ... |
| 12.07.2021 | Ola Electric raises $100 million debt for two-wheeler EV hub | Ola Chairman and Group CEO Bhavish Aggarwal on the Ola Scooter in Bengaluru
Ola Electric said on July 12 that it has raised $100 million in long term debt from Bank of Baroda to close the first phase of development of its factory, where it ... |
| 12.07.2021 | Ola Electric raises $100-million long-term debt to build mega factory | Ola Electric and Bank of Baroda on Monday signed the biggest long-term debt financing agreement in the Indian electric vehicle (EV) space. This 10-year debt of $100 million is towards funding and financial closure of phase 1 of the Ola Futu... |
| 12.07.2021 | Ola Electric raises $100 million in long term debt from Bank of Baroda | Funds to be used for financial closure of Phase 1 of the Ola Futurefactory
Ola Electric and Bank of Baroda on Monday signed a long-term, 10-year debt financing agreement of $100 million for the funding and financial closure of Phase 1 of th... |
| 12.07.2021 | India’s Ola Electric raises $100m from Bank of Baroda ahead of e-scooter launch | Indian Electric Vehicle (EV) manufacturer Ola Electric on Monday announced that it has raised $100 million in debt financing from Bank of Baroda.
“This 10-year debt of $100 million is towards the funding and financial closure of phase 1 of ... |
| 22.04.2021 | Electric Vehicles This Week: Tesla India Scout People, Offices In India; Ola’s Hypercharger Network & More | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
| 19.01.2021 | Ola Electric eyes USD 300 million in fresh funding to expand its two-wheeler business | Ahead of the launch of its electric two-wheeler next month, Ola Electric, the EV arm of the SoftBank-backed ride-hailing giant Ola, is looking to raise USD 300 million from existing and new backers.
Ola Electric plans to deploy the new capi... |
| 05.11.2020 | Ola in talks to set up largest EV plant in India amidst the country’s EV push | Ola Electric, the EV (electric vehicle) manufacturing arm of Indian ride-hailing stalwart Ola, is looking to set up the largest e-scooter plant in the country, local newswire service PTI (Press Trust India) reported citing sources.
Ola has ... |
| 12.03.2020 | [Funding alert] Hero MotoCorp’s Pawan Munjal invests $1M in Ola Electric in Series B round | Pawan Munjal, the Chairman and Managing Director at Hero MotoCorp, has invested about $1 million in Ola Electric. The investment is being made by Munjal via his family trust, joining a growing list of backers for the electric mobility start... |
| 08.08.2019 | Here's how Ola Electric raised $250mn from SoftBank, Tiger Global on its own terms | Ola
When Ola Electric Mobility Pvt, the electric vehicle unit spun off from ride-hailing startup Ola, said in July that it had raised about $250 million from SoftBank Group Corp., it became the fastest firm to become a unicorn after Udaan, ... |
| 03.07.2019 | Ola’s Electric Vehicle Spinout Raises $250M, As Even More Capital Chases Ride-Hailing | 6 Shares Email Facebook Twitter LinkedIn
Ola Electric, the electricity-powered automotive spinout of Ola, a ride-hailing giant, has raised a fresh $250 million from the SoftBank Vision Fund according to several reports. The new capital is s... |
| 02.07.2019 | Ola Electric becomes a unicorn with $250m funding from SoftBank | Premium
Ola Electric Mobility (OEM), the electric vehicle arm of ride-hailing giant Ola, has secured a funding of about $250 million (Rs 1,725 crore) from SoftBank Vision Fund quelling speculations that Ola has been trying to avoid the Japa... |
| 02.07.2019 | Ola Electric Mobility raises $250 million from SoftBank | Ola Electric Mobility is valued at an estimated $1 billion
Ola Electric Mobility has raised Rs 1,725 crore or $250 million from SoftBank in a Series B fund raise, as per the company’s RoC filings accessed by business intelligence platform, ... |
| 01.07.2019 | Ola Electric becomes India’s newest unicorn with new $250 million investment from SoftBank | India’s Ola is further widening its lead over Uber in the nation — and getting the help it needs from their mutual investor. Ola Electric has raised $250 million from SoftBank as India’s largest ride-hailing firm pushes to scale its electri... |
| 14.03.2019 | Ola Electric Raises $56M For Electric Mobility business | Ola Electric Mobility, backed by ride-hailing platform and chief Uber competitor Ola Ola
Founded: 2011
Headquarters: Bangalore, India
Total Funding: $3.81B
See full company profile "> , has raised $56m.
The company was initially est... |
| 01.03.2019 | Ola Electric Mobility raises ₹400 cr in first funding round | Ola Electric Mobility Pvt Ltd, a company backed by taxi-hailing app Ola, has raised ₹400 crore from existing investors such as Tiger Global and Matrix India among others.
This is the company’s first funding round.
Established as Ola’s elect... |
| - | Bhavish Aggarwal-Led Ola Electric Mops Up $200 Mn At $3 Bn Valuation | Bhavish Aggarwal-led Ola Electric has raised $200 Mn in a new round of funding. The new round takes the valuation of the four-year-old startup to $3 Bn. The funding round was led by Falcon Edge, Masayoshi Son’s SoftBank and other existing i... |
| - | After selling 4 electric scooters every second, Ola raises $200M at $3B valuation | Ola has just announced a major new funding round and a sky-high valuation that follows on the heels of unprecedented demand for its new electric scooters. With an extra $200 million of funding raised at a new $3 billion valuation, Ola is qu... |
| - | Ola plans electric scooter and electric car R&D center based in the UK, investing £100M | India-based Ola Electric made a splash with its high performance and low cost S1 Pro electric scooters, which are now taking India by storm. With its sights set on global expansion, the company announced today that it is opening a new R&... |
| - | Ola Electric | “Discover our intelligent and sustainable electric vehicles. Find a Ola Electric showroom near you to explore our electric scooters. Book a test ride today!” |
| - | Amid Rising Competition In EV Space, Hero To Invest INR 420 Cr In Ather Energy | Hero MotoCorp has received board approval to further invest INR 420 Cr in EV startup Ather Energy. The deal is likely to be completed by April.
Prior to the investment, Hero Motocorp’s share in Ather Energy stood at 34.8% and will increase ... |
| - | Ola Electric | “Ola Electric introduces the future of mobility with the best electric scooter in India ever. Learn more about our Futurefactory, batteries, charging and more” |
| - | Ola follows electric car unveiling with its cheapest electric scooter yet, the Ola S1 Air | Ola Electric is set on pushing India into the future of electric transportation, whether that means on four wheels or two. And with the company’s latest unveiling of the Ola S1 Air electric scooter, two-wheeled electric vehicles just got ev... |
| - | Ola plans electric scooter and electric car R&D center based in the UK, investing $100M | India-based Ola Electric made a splash with its high performance and low cost S1 Pro electric scooters, which are now taking India by storm. With its sights set on global expansion, the company announced today that it is opening a new R&... |
| - | Electric scooter company Ola shares first image of previously teased electric car | Ola Electric is known for its low-cost and high-performance electric scooters, but the company has previously teased the idea of adding two more wheels and producing full-size electric cars. Now we’re getting a better idea of what an Ola el... |
| - | This carbon-negative massive megafactory will produce an EV every 2 seconds | Ola Electric recently began construction on an electric scooter megafactory designed to produce 2 million of its 100 km/h (62 mph) electric two-wheelers per year. The factory doesn’t only produce green vehicles though, it is actually quite ... |
| - | Electric Vehicles This Week: Tesla India Scout People, Offices In India; Ola’s Hypercharger Network & More | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
| - | Ola Electric revs up with £100 million for first global design studio in Coventry | India’s leading manufacturer of EVs, Ola Electric has announced Ola Futurefoundry, its global centre for advanced engineering and vehicle design. Based in Coventry, U.K., the centre is Ola’s first global hub for the best automotive design a... |
| - | Ola Electric Raises $56 Mn To Power Its E-Mobility Dream | As the Indian market for electric mobility garners increased investor attention, leading cab aggregator Ola, has picked up its pace in the sector by setting up an independent company — Ola Electric Mobility Pvt Ltd.
With an independent char... |
| - | Ola Electric Scooters Clock In Record Over INR 1100 Cr In 2-Day Sale | Ola Electric Scooters was in for a pleasant surprise when it registered a record sale worth INR 600 Cr on Day 1 of the launch of its e-scooters, Ola S1 and the S1 Pro. Now, the mobility startup has said it has clocked over INR 1100 Cr in co... |
| - | Budget-priced 70 mph electric scooters from Ola begin sales, shake up industry | The start of sales for the Ola Electric S1 and S1 Pro electric scooters has been hotly anticipated since the scooters were first teased earlier this year. Now that orders are open, all eyes are on Ola to see how the company grows its scoote... |
| - | Ola production blows past 1,000 electric scooters per day, opening more orders soon | Despite running into initial delays, Ola has significantly ramped up production of its high-speed smart electric scooters. Now the Indian company says it will be opening up a new payment window soon to complete more orders of its Ola S1 and... |
| - | Ola’s 60 mph electric scooter gets 100,000 pre-order reservations on its first day | Ola’s hotly anticipated upcoming electric scooter has started with a bang as the company has been flooded by pre-order reservations.
The Indian-made electric scooter opened for pre-orders earlier this week, and the demand was unprecedented.... |
| - | Ola’s popular 70 mph electric scooters to be built entirely by women. Here’s why | Ola Electric’s CEO Bhavish Aggarwal keeps making waves in the industry with new revelations following the launch of the company’s highly anticipated S1 and S1 Pro high-speed electric scooters.
Barely a week ago he announced that the electri... |
| - | Ola’s 70 mph electric scooters selling like hotcakes, two every second | Ola’s S1 and S1 Pro electric scooters are off to a massive start after the first day of sales, with CEO Bhavish Aggarwal claiming that the company is selling two electric scooters every second.
The scooters are built in Ola’s new Futurefact... |
| - | Ola’s robotic-operated 2 million/yr electric scooter megafactory is already planning exports | Ola, often considered the Indian Uber, knows a thing or two about mobility. After committing to leading in the development of electric vehicle manufacturing with Ola Electric, we’re now getting a look at the company’s near-term plans.
Ola E... |
