Ola
- 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 - INDIAINDIA · 1 min
India to impose 5% GST on Ola, Uber, Swiggy, Zomato, Amazon, and Flipkart
India will impose a 5% Goods and Services Tax (GST) on services provided by Ola, Uber, Swiggy, Zomato, Amazon, and Flipkart regardless of their business models, according to a report by livemint.com.
10 Oct, 01:29 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
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 - 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 - 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