Ola
- 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 - 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 - 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
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
Ola Electric raises ₹780 crore in oversubscribed QIP, shares jump 10%
Ola Electric raised ₹780.24 crore through a qualified institutional placement (QIP) last week, leading to a more than 10% surge in its shares during intraday trading.
09 Jun, 02:08 pm IST - STARTUPSSTARTUPS · 2 min
Ola Consumer valuation plunges to $70 million in 2026 mark down
Ola Consumer, the ride-hailing company founded by Bhavish Aggarwal and Ankit Bhati, saw its valuation fall sharply to $70 million as of June 3, 2026, according to Vanguard, an early investor.
07 Jun, 12:08 pm IST - FUNDINGFUNDING · 1 min
Ola Electric raises Rs 780 crore via QIP amid market pressures
Ola Electric has raised Rs 780 crore through a qualified institutional placement (QIP) to bolster its cash reserves amid increasing market share competitio…
04 Jun, 10:05 pm IST - FUNDINGFUNDING · 2 min
Vanguard marks down Ola valuation by 99% amid rising losses
Vanguard has marked down its valuation of Ola to about $70 million, a 99% drop from the $7 billion valuation in 2021, according to inc42.com.
04 Jun, 10:06 am IST - FUNDINGFUNDING · 2 min
Vanguard marks down Ola Consumer valuation to $70 million
US-based asset manager Vanguard has reduced the valuation of ride-hailing startup Ola Consumer to about $70 million, according to its latest filing with the US Securities and Exchange Commission.
03 Jun, 08:05 pm IST - INDIAINDIA · 2 min
Ola Electric launches QIP at ₹37.74 floor price, shares dip 2%
Ola Electric Mobility launched a qualified institutional placement (QIP) of equity shares on June 1, pricing the issue at a floor price of ₹37.74 per share.
02 Jun, 12:06 pm IST - FUNDINGFUNDING · 2 min
Ola Electric launches QIP with ₹37.74 floor price to reduce debt
Ola Electric has opened a qualified institutional placement (QIP) with a floor price of ₹37.74 per share, marking a 4.53% discount from its previous close…
01 Jun, 10:05 pm IST - STARTUPSSTARTUPS · 2 min
Ola Electric Rallies Over 9% Amid Signs of Demand Revival
Shares of Ola Electric surged over 9% during intraday trading on the BSE, reaching ₹42.84 before settling around ₹42, as investor sentiment improved follow…
29 May, 02:59 pm IST - STARTUPSSTARTUPS · 1 min
India’s deepening dowry crisis; Ola Electric narrows quarterly loss
Payments infrastructure startup Primer has raised $100 million in a Series C funding round led by Sofina, with participation from Peak XV Partners and exis…
21 May, 08:56 am IST - STARTUPSSTARTUPS · 2 min
Ola Electric's losses halve, but revenue rout deepens
Ola Electric Mobility Ltd. reduced its quarterly net loss by 42.5% to Rs 500 crore for the quarter ended March 31, while posting positive operating cash fl…
20 May, 06:56 pm IST - INDIAINDIA · 2 min
Ola Electric Q4 Results 2026 LIVE: EV maker’s net loss likely to narrow to ₹395 crore, revenue may drop 45% YoY
Ola Electric Mobility reported a significant narrowing of its net loss for the fourth quarter, with losses decreasing by 42.5% year-on-year to ₹500 crore.
20 May, 04:57 pm IST