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BHAVISH AGGARWAL LOANS
Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.- Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
- Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
- Ola Electric shares decline 4% as SoftBank trims stake to 13.53%SoftBank Group significantly reduced its stake in Ola Electric to 13.53% by selling approximately 94.6 million shares between September 202...
- SoftBank cuts Ola Electric stake to 13.5% amid continued investor sell-offsSoftBank has cut its stake in Ola Electric to 13.53% after selling shares over recent months. The offloading comes as major investors trim ...
- Ola Electric shares in focus after clarification on promoter stake sale for debt repaymentOla Electric shares: The company clarified that promoter Bhavish Aggarwal’s Rs 324 crore stake sale was a one-time move to repay debt. The ...
- Ola Electric’s Bhavish Aggarwal completes Rs 324 crore share sale; stock hits record lowWith this, Aggarwal has sold 9.6 crore shares. This was done to repay a promoter-level loan of Rs 260 crore, which was availed of primarily...
- Bhavish Aggarwal ups Ola Electric pledge to 13% as stock hits record lowThe filings show Aggarwal has made two pledges this month, including a 3.04% stake committed on December 5, taking the total pledged portio...
- Bhavish Aggarwal raises loans by pledging 25% more Ola Electric shares. Should investors be worried?Ola Electric chairman Bhavish Aggarwal has further pledged his company shares. This is the third time he has used Ola Electric stock to fin...
- Ola group’s continued top-level exits in 2024Two senior executives at Bhavish Aggarwal's Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from their positions at Ola Electric, c...
- "When will govt agencies intervene?", Kunal Kamra hits at Ola again, urges Nitin Gadkari to step inComedian Kunal Kamra called on Union Minister Nitin Gadkari to address poor Ola Electric scooters' conditions. Triggered by acomplaint from...
- Eight Indians, PIOs, including World Bank's Ajay Banga and Ola's Bhavish Aggarwal, in Time 100 Climate listThe list includes notable figures such as Rajiv J Shah, president of The Rockefeller Foundation; Geeta Aiyer, founder and president of Bost...
- Ola to shutter Avail Finance app, integrate it with Ola MoneyRide-hailing firm Ola acquired Avail Finance, founded by Ola founder Bhavish Aggarwal's brother Ankush Aggarwal, for about $50 million in A...
- Ola board approves related-party transaction of acquiring Avail FinanceSources said Ankush Aggarwal has informally updated some of Avail’s investors about the deal’s progress.
- Ola says it will acquire financial services firm Avail FinanceThe $50 million share swap deal will give Avail Finance’s founder Ankush Aggarwal, the brother of Ola chief executive Bhavish Aggarwal, a s...
- Ola raises $500 million loan from international institutional investorsOla, which has a majority share of India's ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billio...
- Ola's Bhavish Aggarwal apologises for technical glitches during scooter saleThe Bengaluru-based company’s founder and CEO Bhavish Aggarwal in a post on Twitter apologised to buyers who he said “had to wait for sever...
- Avail Finance gets $9 million more from MatrixAvail Finance, founded by Ankush Aggarwal and Tushar Mehndiratta, will use the funds to foray into a neo-banking platform.
- Lending company Avail Finance raises $17.2 millionAnkit Bhatia and Bhavish Aggarwal from Ola, FreeCharge founder Kunal Shah, Flipkart cofounder Binny Bansal and Mswipe founder Manish Patel ...
- Avail Finance raises Series A from Ola, Freecharge and Flipkart foundersAvail Finance lends to consumers who work as office boys, cleaning staff and in other blue collar jobs at big companies and plans to grow t...
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