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OLA ELECTRIC LOSS NARROWS
Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
Ola Electric loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...
Impact Fund Denmark set to buy up to 20% stake in Greencell Mobility for ₹500 croreIn an exciting development, Impact Fund Denmark plans to invest in Greencell Mobility, potentially acquiring a considerable share of the el...
Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analyst...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
Shiprocket trims IPO size; Google's AI leadership shake-upShiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5.
Big shift: Ola Electric moves to dealership model amid market share wipeoutOla Electric said its company-owned stores, which were instrumental in building consumer awareness and trust in its early years, will gradu...
Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and CiplaIn a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a subst...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher despite sharp swings driven by closing auction session confusion. RBI maintained rates, raised FY27...
Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
Meta apologises over lapses; Ola Electric shares surgeMeta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5.
Ola Electric expands into utility-scale energy storage; signs first MoU with Axis EnergyOla Electric has signed an MoU with Axis Energy to explore deploying up to 20 GWh of battery energy storage systems by 2032. The partnershi...
Ola Electric Mobility shares rally over 7%. What's boosting investor sentiment?Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 203...
Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong...
EV maker Ather Energy nearly doubles revenues, cuts losses by 71%Ather Energy's revenue nearly doubled to Rs 1,217 crore in the June quarter. Net losses narrowed significantly to Rs 51 crore, showing impr...
Ather Energy Q1 Results: Loss narrows YoY to Rs 51 crore on stronger salesAther Energy, the Indian electric scooter manufacturer, has announced a significant reduction in its quarterly losses, attributing this pos...
India's EV sales hit record high as e-2W cross 2 lakh markIndia’s electric vehicle market reached a record in July, with registrations rising over 66% year-on-year to around 3.3 lakh units, driven ...
More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...