Entity

Ola Electric

Ola Electric is an Indian electric vehicle manufacturer, primarily known for its electric scooters. It is a subsidiary of the larger ride-hailing company Ola.

Why it’s in the news: It is in the news due to a significant ₹1,000 crore rights issue and its CEO's pledge of a personal stake to fund the subscription.

Latest on Ola Electric

  • Ola Electric’s ₹1,000 Cr Rights Issue To Open On October 22, Issue Price Set At ₹27
  • Ola Electric defers board meeting on Rs 1,000 crore rights issue
  • Bhavish Aggarwal Pledges 4.32% Ola Electric Stake To Fund Rights Issue Subscription
  • Bhavish Aggarwal pledges 4.32% stake to back Ola Electric’s Rs 1,000 Cr rights issue
  • Menlo Ventures on AI slowdown; Ola Electric CEO pledges stake
  • Ola Electric plans Rs 1,000 Cr rights issue, appoints new compliance officer

Connections

59 entities linked to Ola Electric across the news graph.