Electric
- FUNDINGFUNDING · 2 min
Bhavish Aggarwal pledges 4.32% Ola Electric shares for Krutrim Data Centre funding
Bhavish Aggarwal, founder of Ola Electric, pledged 20 crore shares, representing 4.32% of the company, on September 30 to secure non-convertible debentures…
12 Oct, 11:29 am IST - FUNDINGFUNDING · 2 min
Ola Electric to raise ₹1,000 crore via rights issue starting October 22
Ola Electric plans to raise ₹999.74 crore through a rights issue opening on October 22 and closing on October 30, the company announced.
07 Oct, 09:29 pm IST - INDIAINDIA · 2 min
Ola Electric defers board meeting on Rs 1,000 crore rights issue
Ola Electric Mobility postponed its board meeting scheduled for October 5 to decide on a rights issue worth up to Rs 1,000 crore.
05 Oct, 11:29 pm IST - FUNDINGFUNDING · 2 min
Schneider Electric in talks to acquire US software firm PTC for $20 billion
France-based Schneider Electric is in advanced discussions to acquire US software company PTC for nearly $20 billion, according to livemint.com.
05 Oct, 11:29 am IST - FUNDINGFUNDING · 2 min
Ola Electric promoter Bhavish Aggarwal pledges 4.32% stake for Rs 1,000 crore rights issue
Ola Electric promoter Bhavish Aggarwal has pledged a 4.32% stake in the company to fund his participation in its proposed rights issue of up to Rs 1,000 cr…
05 Oct, 09:28 am IST - INDIAINDIA · 1 min
Electric two-wheeler registrations rise 12% in September in India
Electric two-wheeler (E2W) registrations in India rose 12.2% month-on-month in September, reaching 2.07 lakh units, according to Vahan data reported by inc42.com.
01 Oct, 06:41 pm IST - FUNDINGFUNDING · 2 min
Ola Electric board approves ₹1,000 crore rights issue for funding
Ola Electric’s board of directors has approved a rights issue of partly paid-up equity shares worth up to ₹1,000 crore to eligible shareholders.
28 Sept, 10:41 pm IST - INDIAINDIA · 2 min
Ola Electric payments to Bhavish Aggarwal's AI firm quadruple in FY26
Ola Electric Mobility Ltd's payments to Krutrim SI Designs Pvt., an AI company owned by Chairman Bhavish Aggarwal, nearly quadrupled to ₹100 crore in the f…
16 Sept, 09:28 am IST - INDIAINDIA · 2 min
Ola Electric spent ₹229 crore as three-wheeler launch delays continue
Ola Electric Mobility Ltd disclosed spending ₹229 crore on its electric three-wheeler development, with the launch delayed to between March 2027 and March…
10 Sept, 07:28 am IST - FUNDINGFUNDING · 1 min
Ola Electric raises ₹1,500 crore amid market share decline
Ola Electric Mobility has raised up to ₹1,500 crore in fresh funding as of early September, aiming to support its business turnaround efforts.
08 Sept, 03:28 pm IST - FUNDINGFUNDING · 2 min
Ola Electric plans ₹1,500 crore fundraise to support expansion and debt
Ola Electric has approved a proposal to raise up to ₹1,500 crore through equity shares or convertible securities, according to inc42.com.
07 Sept, 09:28 am IST - FUNDINGFUNDING · 2 min
Ola Electric board approves fresh ₹1,500 crore fundraise after ₹780 crore QIP
Ola Electric’s board has approved a fresh fundraise of up to ₹1,500 crore, three months after the company raised ₹780 crore through a qualified institution…
05 Sept, 09:28 pm IST - INDIAINDIA · 2 min
Ola Electric secures ₹95.81 crore incentive under PLI-Auto scheme
Ola Electric has secured a ₹95.81 crore incentive from the Ministry of Heavy Industries under the government’s Production Linked Incentive (PLI) scheme for the fiscal year FY27.
29 Aug, 09:28 pm IST - STARTUPSSTARTUPS · 2 min
Ola Electric launches S1Z scooter with Bharat Cell LFP battery
Ola Electric introduced its new S1Z electric scooter featuring the indigenously developed Bharat Cell lithium iron phosphate (LFP) battery technology.
28 Aug, 01:28 pm IST - STARTUPSSTARTUPS · 2 min
Ola Electric launches introductory offer for Shakti Gen2 home inverter
Ola Electric launched an introductory offer on August 19 for its Shakti Gen2 home inverter, designed to power essential household appliances during power cuts.
20 Aug, 03:28 pm IST - STARTUPSSTARTUPS · 2 min
Ola Electric launches three new battery energy storage products
Ola Electric unveiled three new battery energy storage systems (BESSs) aimed at expanding its energy solutions business.
16 Aug, 07:28 am IST - STARTUPSSTARTUPS · 2 min
Zypp Electric cuts FY26 loss by 44% to ₹60 crore
Zypp Electric’s parent company, Bycyshare Technologies, reduced its consolidated net loss by 44.4% to ₹59.7 crore in fiscal year 2025-26 (FY26), according…
15 Aug, 11:28 pm IST - INDIAINDIA · 2 min
Ola Electric expands beyond scooters with new Shakti product portfolio
Ola Electric unveiled new products under its Shakti portfolio, signaling a move beyond its core electric scooter business.
15 Aug, 09:28 pm IST - INDIAINDIA · 1 min
Centre extends battery PLI deadline for Ola Electric and Reliance New Energy
The Indian government has extended the production-linked incentive (PLI) scheme deadline for battery manufacturing projects awarded to Ola Electric and Rel…
14 Aug, 07:28 am IST - FUNDINGFUNDING · 2 min
Electric mobility startup Yulu raises $93 million to expand EV fleet
Electric mobility startup Yulu has raised $93 million through a mix of equity and debt funding to expand its electric vehicle (EV) fleet, according to economictimes.indiatimes.com.
12 Aug, 11:28 am IST - INDIAINDIA · 2 min
Ola Electric ordered to pay ₹1.30 lakh for service deficiency in Kerala
A consumer commission in Kerala directed Ola Electric to pay over ₹1.30 lakh in compensation to a customer for deficiency in service and unfair trade practice.
11 Aug, 05:35 pm IST - INDIAINDIA · 1 min
Ola Electric auditor flags reversal of ₹57 crore PLI penalty provision
Ola Electric's auditor has raised concerns over the company's June quarter financial results after it reversed a ₹57 crore provision for penalties related…
10 Aug, 07:28 am IST - INDIAINDIA · 2 min
More than 190 companies, including SBI and Ola Electric, report Q1 results today
More than 190 companies are scheduled to release their financial results for the quarter ending June 30, 2026, on August 7.
07 Aug, 11:28 am IST - INDIAINDIA · 2 min
Schneider Electric raises 2026 guidance on data-centre demand
France-based Schneider Electric has raised its 2026 revenue guidance, citing stronger-than-expected demand for data-centre infrastructure.
30 Jul, 11:29 am IST - STARTUPSSTARTUPS · 2 min
E3 Electric.Ai raises ₹100 crore to launch electric scooter range
Electric mobility startup E3 Electric.Ai has raised ₹100 crore (about $10.4 million) in a Series A funding round led by BluVenture Holdings, with participa…
15 Jul, 07:22 am IST - FUNDINGFUNDING · 1 min
E3 Electric.Ai raises Rs 100 crore in equity and debt funding
E3 Electric.Ai, an electric two-wheeler startup, secured Rs 100 crore in a combined equity and debt funding round, the company announced this week.
15 Jul, 07:22 am IST - INDIAINDIA · 2 min
Ola Electric faces third insolvency petition over unpaid dues
Ola Electric is facing a third insolvency petition, with the National Company Law Tribunal (NCLT) Bengaluru bench issuing a notice against the company foll…
11 Jul, 03:22 am IST - FUNDINGFUNDING · 2 min
Zypp Electric plans $200 million IPO within 18-24 months
Zypp Electric, an EV logistics startup, is preparing for an initial public offering (IPO) to raise up to $200 million (around ₹1,890 crore) within the next 18 to 24 months, according to inc42.com.
22 Jun, 08:08 pm IST - STARTUPSSTARTUPS · 2 min
Zypp Electric plans $200 million IPO, appoints bankers
Zypp Electric, an electric vehicle logistics startup, is preparing to raise up to $200 million through an initial public offering (IPO).
22 Jun, 02:08 pm IST - FUNDINGFUNDING · 2 min
Zypp Electric targets $40-50 million pre-IPO round to double valuation
Zypp Electric, an electric vehicle logistics startup based in Gurugram, is planning to raise $40-50 million in a pre-IPO funding round aimed at nearly doub…
21 Jun, 08:08 pm IST