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Ola Electric futurefactory hit major obstacle due to global chip shortage Balraj·December 26, 2021Ola Electric Mobility Pvt., an Indian startup that claims to be building the world’s largest electric scooter manufacturing...BusinessIndia NewsStartupsTech·0 Comments·0
Ola in talks to raise around $1 billion in pre-IPO round through equity and debt Balraj·December 12, 2021Ola is in talks to raise around $1 billion in funding in the next few months through a...BusinessIndia NewsStartupsTech·0 Comments·0
Ola bags $139 million in ongoing Series J round led by IIFL, Edelweiss, others Balraj·December 9, 2021Ola, the IPO-bound ride-hailing startup, has secured around $139 million (~Rs 1,048.6 crore) in its ongoing Series J...BusinessIndia NewsStartupsTech·0 Comments·0
Ola Electric delays the delivery of electric scooters citing chip shortages Balraj·November 22, 2021Bhavish Aggarwal-led two-wheeler EV startup Ola Electric had earlier stated that it will begin delivering scooters by the...AutomobilesElectric VehiclesIndia NewsStartupsTech·0 Comments·0
Ola Electric confirms it’ll work on electric motorcycles and lower-cost electric scooters Balraj·November 14, 2021Bhavish Aggarwal, the CEO of Ola Electric, stated that the cab-aggregator-turned-electric-vehicle startup will start producing electric motorcycles as...AutomobilesElectric VehiclesIndia NewsManufacturingStartupsTech·0 Comments·0
Ola reports its first-ever operating profit of Rs 90 crore in FY21 ahead of potential IPO Balraj·November 3, 2021Ola, the ride-hailing startup, has reported its first operating profit of Rs 89.82 crore for FY2020-21, despite revenue...BusinessIndia NewsStartupsTech·0 Comments·0
CEO Bhavish Aggarwal unveils Ola Electric’s first Hypercharger ahead of test rides Balraj·October 26, 2021Ola Electric, a Bangalore-based electric two-wheeler manufacturer, has unveiled its first ‘Hypercharger’ for charging its electric S1 scooter...AutomobilesElectric VehiclesIndia NewsStartups·0 Comments·0
Ola top executives CFO and COO to exit the company ahead of IPO Balraj·October 20, 2021Ride-hailing startup Ola is slated to lose two key executives ahead of a projected $1 billion initial public...BusinessIndia NewsStartupsTech·0 Comments·0
Ola Electric raises another $200 million at over $5 billion valuation Balraj·October 10, 2021Ola Electric, founded and run by Bhavish Aggarwal, is raising $200 million (~Rs 1,500 crore) in a new...Electric VehiclesIndia NewsStartupsTech·0 Comments·0
Ola acquires Pune-based GeoSpoc to build next-gen location technology Balraj·October 6, 2021Ola announced on Tuesday that it has acquired GeoSpoc, a provider of geospatial services, in an effort that...BusinessFuture TechIndia NewsStartupsTech·0 Comments·0