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OLA ELECTRIC FUNDING
Two-wheeler maker Ola Electric fixes Rs 1,000 crore rights issue at Rs 27 per shareThe company’s board approved the terms on Wednesday, a week after it had announced plans to raise up to Rs 1,000 crore through a rights iss...
Ola Electric board approves rights issue at 26% discount; shareholders to pay in two callsOla Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 c...
Trev plans 2,500-vehicle premium EV fleet by 2031, raising $2 millionAiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
Ola Electric promoter Bhavish Aggarwal pledges 4.32% stake to fund rights issueLast week, Ola Electric’s board approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore. The board is yet to ...
Ahead of Market: 10 things that will decide stock market action on MondaySensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and elevated crude prices rattled investors...
Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
Palmonas' offline push; IndiaAI's GPU crunchHappy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s...
Piyush Goyal to headline ET Startup Awards; The Souled Store eyes fundraiseHappy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning D...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities plunged on Monday as the Sensex fell 1,124 points and Nifty dropped over 360 points, wiping out nearly Rs 8 lakh crore in m...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
Ola Electric shares tumble 9% after 17% rally in 4 days. Why brokerages remain cautiousOla Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue a...
VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...
Ola Electric to consider rights issue as it looks to raise fresh capitalThe proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after the company’s board okayed plans to ...
India’s cab game has a new green player: A Vietnamese behemoth aiming to win fastGreen SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vietnamese company aims for a premiu...
Ahead of Market: 10 things that will decide stock market action on FridayIndian markets ended higher after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. Crude abov...
How Ather powered past Ola; Apple's first foldable iPhoneAther Energy has surpassed Ola Electric in sales and other metrics. This and more in today’s ETtech Top 5.
Ather Energy shares rise 3% as Nomura raises target price; stock up nearly 200% in 1 yearAther Energy shares rose after Nomura raised its target to Rs 1,926, citing faster EV adoption, the Konarc launch and stronger growth prosp...
Ola Electric board to meet on September 5 to consider fresh fundraiseThe company said its board will consider various permissible routes for the proposed fundraising, including a private placement, qualified ...