Ola Electric

Ola Electric’s newest employee is a dog named ‘Bijlee’, co-founder Bhavish Aggarwal announced on Sunday. Taking to X (Twitter), Aggarwal introduced the dog, whose name translates to ‘electricity’. A picture of Bijlee’s official ID was…

In a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief technology officer said at the Semicon India 2023 conference in Gujarat. This and more in today’s…

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue…

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people…

Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup's whirlwind pace of growth since it started selling electric scooters in late 2021.“I thought it…

Ola Electric Mobility Pvt. is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.“I thought it…

Tamil Nadu is committed to securing $6 billion in investments and creating 1.5 lakh new employment opportunities within the Electric Vehicles sector over the next five years, said T.R.B. Rajaa, Tamil Nadu Minister for Industries, Investment…

Ola Electric, a prominent player in India's electric vehicle (EV) industry, is gearing up for a transformative moment as it engages in crucial investor discussions for its highly anticipated initial public offering (IPO). The company,…

Scooter maker Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge…

Ola Electric, the Bhavish Aggarwal-led electric scooter maker, is about to close fresh funding which has been in the works for several months. According to three top sources, there is a commitment from Singapore’s state-owned private equity…