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OLA CASH BURN
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...02 Jun, 2026, 04.42 PM IST- Ola Electric shares fall nearly 4% as firm launches QIP to raise funds. Check floor price, other detailsOla Electric's shares dipped 3.5% after approving a qualified institutional placement (QIP) with a floor price of Rs 37.74 per equity share...02 Jun, 2026, 09.23 AM IST
- Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...02 Jun, 2026, 05.36 AM IST
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...08 May, 2026, 08.08 PM IST
- Ola Electric shares fall 2% as Citi slashes target price by over 18%. Here’s why brokerage is bearishOla Electric share price tumbled 2% as Citi Research slashed its target price by 18.5% to Rs 22, citing downward revenue revisions and mark...17 Mar, 2026, 09.20 AM IST
- Moody’s downgrades Ola’s rating; flags risk of loan covenant breachThe global rating agency has assigned a negative outlook to ride-hailing firm Ola’s parent, ANI Technologies. According to Moody’s, a breac...08 Nov, 2025, 01.44 PM IST
- Ola Electric sharpens festive focus with faster deliveries, sustains profitability pushOla Electric is preparing for the festive season by aggressively boosting production and inventory, aiming to significantly reduce vehicle ...20 Sep, 2025, 01.17 PM IST
- EV sector’s next chapter hinges on sustainable business models: Abhishek GaoshindeIn the market yesterday, only this TVS Motor indicated that almost 19% of its revenues coming from the EV segment and for Bajaj 20-25% of i...30 Apr, 2025, 08.11 AM IST
- The Deepinder Goyal interview; Trump boosts Indian cryptoHappy Tuesday! In an exclusive interview with ETtech, Zomato’s CEO Deepinder Goyal spoke about the challenges of food delivery, cash burn i...04 Mar, 2025, 08.34 AM IST
- Moody’s assigns first-time ‘B3’ ratings to Ola, outlook stableOla's B3 rating reflects its loss-making operations and high execution risks associated with its international expansion plans and its vent...29 Nov, 2021, 10.13 PM IST
- Hero bets big on EVs, ready for cash-burnThe bold statement by Munjal, a generally reticent businessman, comes at a time when the SoftBank-backed Ola Electric is challenging tradit...10 Aug, 2021, 07.41 AM IST
- Next pickup is London for OlaOla has been steadily expanding across the United Kingdom since its entry there in August last year.05 Jul, 2019, 08.15 AM IST
- SoftBank to invest up to Rs 2,000 crore in OlaThe final size of the round is yet to be determined. Ola is looking to raise about $500 million in the financing round, which could go up t...24 Oct, 2016, 01.04 PM IST
- Ola recorded loss of Rs 796 crore for FY15 as it spent heavily to maintain market leadOla, which in fiscal 2015 was competing with two major rivals — Uber and TaxiForSure — spent Rs 920 crore on fleet operation costs.23 Jun, 2016, 07.29 AM IST
- Budget Ola rides in six more cities to keep its market leadership position against rival UberRide-hailing app Ola has launched its low-cost cab category in six smaller towns and cities, as it looks to keep its market leadership posi...07 Apr, 2016, 04.26 AM IST
- Consumer Internet companies spending Rs 30-120 crore each, every month, say industry executivesSeveral industry executives that ET spoke to estimated that burn rates range from Rs 30 crore to Rs 120 crore every month at top companies.10 Mar, 2015, 04.00 AM IST
- Why Uber missed a ride to drive TaxiForSure and swung deal Olacabs' wayDeal swung Ola’s way as investors felt that the Indian company, valued at $660 million in its last round of funding, is better value for mo...30 Jan, 2015, 11.58 AM IST
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