Navigating Challenges and Charting a New Course in India’s EV Revolution In a groundbreaking move for India’s burgeoning electric vehicle (EV) industry, Ola Electric is set to embark on a journey to raise nearly a billion dollars in 2024 through its much-anticipated initial public offering (IPO). This move is pivotal for Ola Electric, as it … Read more
Empowering the Electric Revolution: Ola Electric’s PLI Triumph Sparks a Green Mobility Wave in India In a landmark development, Ola Electric has achieved a significant milestone by becoming the first Indian electric vehicle (EV) company in the e2W (electric two-wheeler) sector to receive approval for the government’s Production-Linked Incentive (PLI) scheme. While there has been … Read more
Navigating the Currents of Change: Ola Electric’s IPO Journey in the EV Revolution Introduction: Ola Electric, under the visionary leadership of Founder and CEO Bhavish Aggarwal, has taken a bold step towards the future by filing its draft red herring prospectus for an INR 5,500 Crore initial public offering (IPO). As the first full-fledged electric … Read more