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
Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a shareOla Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may...
01 Jun, 2026, 07.53 PM IST
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
21 May, 2026, 07.46 AM IST
Ola's full stack AI plans shrink on A-level exits, funding woesKrutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and ...
06 May, 2026, 06.00 AM IST
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
04 May, 2026, 08.15 PM IST
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
30 Apr, 2026, 06.00 AM IST
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
12 Apr, 2026, 09.06 PM 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 board to decide on fresh funding in Oct 25 meetOla Electric's board will meet on October 25 to discuss raising fresh funds through equity share issuance. This follows a recent Rs 877.6 c...
23 Oct, 2025, 08.34 PM IST
Ola’s valuation slashed 35% to $4.8 billion by US investor VanguardThe development comes on the back of Ola exiting verticals like food and grocery delivery and second-hand car sales, to focus on its mainst...
11 May, 2023, 01.11 AM IST
US funds mark down Paytm & Ola valuation as Covid hits businessOla, whose business has taken a bigger hit due to the pandemic, has seen the valuation of its shares fall by nearly 50% by Vanguard as of A...
02 Nov, 2020, 10.17 AM IST
Ola launches fund for the driver community; Bhavish Aggarwal to forgo 1-year's salaryThe proceeds of the fund will help towards the welfare and upliftment of drivers and their families who have been affected by the restricti...
28 Mar, 2020, 10.38 AM IST
Tencent finalises its $400-million investment in Ola, values startup at over $3.8 billionChinese internet conglomerate Tencent’s investment is part of an ongoing round of financing since November in which it has managed to mop u...
03 Oct, 2017, 12.44 AM IST
Tencent in talks to invest $400 million in OlaThe Bengaluru company has raised nearly $400 mn since November last year as it seeks to fortify its position as the first mover in the Indi...
27 Jul, 2017, 09.04 PM IST
RNT Capital, Falcon Edge Capital set to invest $100 mn in OlaRNT Capital is expected to lead the round with an investment of $60 mn with the rest coming from New York-based hedge fund Falcon Edge Capi...
03 Apr, 2017, 12.34 AM IST