Tag: Ola Electric

Two-wheeler maker Ola Electric fixes Rs 1,000 crore rights issue at Rs 27 per share
Posted in Startups

Two-wheeler maker Ola Electric fixes Rs 1,000 crore rights issue at Rs 27 per share

Two wheeler maker Ola Electric Mobility has finalised the terms of its Rs 1,000 crore rights issue, setting the issue price at Rs 27 per…

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Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground
Posted in Startups

Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground

Japan’s SoftBank Group, private equity fund Warburg Pincus, Singapore sovereign wealth fund Temasek, New York-based hedge fund Tiger Global and Z47 (formerly Matrix Partners India),…

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Ola Electric board approves Rs 1,000 crore fundraise via rights issue
Posted in Startups

Ola Electric board approves Rs 1,000 crore fundraise via rights issue

The board of Ola Electric has approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore, the electric two-wheeler…

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Ola Electric: Ola Electric shares rise 2.5%: What’s behind the gains?
Posted in Startups

Ola Electric: Ola Electric shares rise 2.5%: What’s behind the gains?

Ola Electric saw its shares rise 2.5% on the bourses on Thursday, its fifth straight day of gains. Analysts said a handful of factors were…

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Ola Electric to consider rights issue as it looks to raise fresh capital
Posted in Startups

Ola Electric to consider rights issue as it looks to raise fresh capital

Electric two-wheeler maker Ola Electric Mobility will consider raising funds through a rights issue at a board meeting scheduled for September 28, the company said…

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E2W sales climb 19% in June to 1.81 lakh units
Posted in Startups

E2W sales climb 19% in June to 1.81 lakh units

Electric two-wheeler sales in June grew 19% month-on-month (MoM) to around 1.81 lakh units from 1.51 lakh units in May, according to Vahan vehicle registration…

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Bhavish Aggarwal, chairman and managing director, Ola Electric. (PTI)
Posted in Business

Delhi EV Policy signals end of #ICEAge, Ola Electric’s Bhavish Aggarwal says| Business News

The Delhi EV Policy 2.0 signals the end of internal-combustion engines, Bhavish Aggarwal said on Thursday, and “the start of our energy independence”. Bhavish Aggarwal,…

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Legacy players gain ground in EV two-wheelers as Ola Electric slips
Posted in Startups

Legacy players gain ground in EV two-wheelers as Ola Electric slips

India’s electric two-wheeler (e2W) market, strongly contested by both incumbents and startups, saw a surge in sales in FY26 with most players expanding their market…

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Ola Electric Managing Director Bhavish Aggarwal. Ola Electric's EV sales in February 2026 fell to the lowest since listing in August 2024. (PTI)
Posted in Business

Ola Electric harps on #EndICEAge to revive EV sales amid crude-oil shock| Business News

Ola Electric Mobility Ltd. has once again called for #EndICEAge amid an oil shock brought on by the Iran war. That, even as its EV…

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Ola Electric MD Bhavish Aggarwal. (Reuters)
Posted in Business

Revenue drops 55% as sales slump over 60%| Business News

Revenue of Ola Electric Mobility Ltd. more than halved in October-December 2025 as its electric two-wheeler sales declined over 60% during the most lucrative quarter…

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