Ola Electric held talks on potential high-yield debt financing: SourcesOla Electric, facing a significant share decline and past crises like scooter fires, has reportedly engaged in preliminary discussions with...
30 Jul, 2025, 01.21 PM IST
Ola Electric sees record registrations in March; ends FY24 with 115% growth on yearIPO-bound Ola Electric retains its market leader tag with 328,785 units registered in FY24, the Vahan portal shows. The number has more tha...
01 Apr, 2024, 03.37 PM IST
Ola Electric raises $50 million in debt financing from EvolutionX CapOla Electric Mobility raised Rs 410 crore from EvolutionX Debt Capital, supported by DBS and Temasek. Founder Bhavish Aggarwal is pitching ...
01 Apr, 2024, 09.45 AM IST
Ola Electric files draft IPO papers, looks to raise Rs 5,500 crore via fresh share saleThe company is looking to raise up to Rs 5,500 crore through fresh issue of shares, with an offer-for-sale (OFS) component of 95.2 million ...
23 Dec, 2023, 08.46 AM IST
Ola Electric converts to a public limited company ahead of IPOThe electric two-wheeler maker has changed its name to Ola Electric Mobility Limited, from Ola Electric Mobility Private Limited earlier.
18 Nov, 2023, 12.04 AM IST
Ola Electric closes $240 million in debt financing to set up lithium-ion cell factoryThe company will use the funds to set up its first lithium-ion cell manufacturing facility in Tamil Nadu, as well as expand the firm’s EV b...
26 Oct, 2023, 04.58 PM IST
Ola Electric raises $200 mn in funding at a valuation of $5 bn"Ola Electric is creating India's EV revolution and is driving cutting edge manufacturing from India for the entire world. With Ola S1, the...
24 Jan, 2022, 12.36 PM IST
Ola Electric Mobility's $100 million debt goes to Ola Electric TechnologiesOla Electric Technologies was set up in January to specifically manufacture two, three, and four-wheeler electric vehicles.
18 Aug, 2021, 09.54 AM IST
Ola Electric Mobility's $100 million debt goes to newly incorporated entityOla Electric Mobility is the holding company for the newly incorporated entity and owns 100% stake in Ola Electric Technologies.
17 Aug, 2021, 09.14 PM IST
Ola Electric scooter coming this August 15. Here's what we know so farHowever, not much is known about its specifications yet. The company expected to reveal the features and the price of the two-wheeler soon.
03 Aug, 2021, 08.17 PM IST
Ola electric scooter booking starts ahead of launchConsumers can reserve their Ola electric scooter on olaelectric.com by paying a refundable deposit of Rs 499. Those who reserve now will ge...
15 Jul, 2021, 07.38 PM IST
Ola Electric signs $100 million debt financing dealThe agreement that it signed with Bank of Baroda is the largest long-term debt financing deal in the Indian EV industry, according to a pre...
12 Jul, 2021, 04.18 PM IST
Ola Electric signs $100 million debt-financing deal with Bank of Baroda“Today’s agreement for long term debt financing between Ola and Bank of Baroda signals the confidence of the institutional lenders in our p...
12 Jul, 2021, 12.09 PM IST
Ola strengthens leadership team with appointment of two new CFOsWhile GR Arun Kumar will take charge as CFO of Ola Group and Ola Electric, Swayam Saurabh will assume the same role at the startup’s mobili...
03 Jun, 2021, 08.04 PM IST
Ola Financial gets Rs 205 crore from Falcon Edge, Matrix PartnersApoletto Managers, and Arun Sarin's family office also participated in the round. This deal closed at a valuation of $250 million, accordin...
27 May, 2020, 10.26 AM IST
Scooter sharing startups Vogo, Bounce raise debt from BACBoth the firms will primarily use the debt to finance scooters and hardware
30 Mar, 2019, 12.50 PM 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