1. Ola Electric’s reliance on FAME-II and PLI subsidies 2. How subsidy reductions may effect EV competitiveness 3.The challenges include operating losses and defect correction. 4.Speculations about FAME-II policy and revised schemes 5.Need to adjust to rigorous EV energy consumption rules. 6. Concerns about reaching the ACC PLI scheme capacity promises. 7.Resolving customer complaints and … Read more
Navigating the Uncharted Terrain: Related Party Transactions and the IPO Journey of Ola Electric Introduction: In a recent revelation, Ola Electric, led by Bhavish Aggarwal, has disclosed that it sold over 8,200 electric scooters to its promoter group entity, ANI Technologies, between April 2022 and December 2023. The scooters were primarily acquired to support ANI … Read more
Navigating the Road Ahead – Ola Electric’s IPO Journey Amidst Policy Dynamics and Operational Challenges Introduction: In its ambitious pursuit of raising over INR 7,000 Cr through a public listing, Ola Electric, the prominent electric mobility startup led by Bhavish Aggarwal, has recently filed its draft red herring prospectus (DRHP) with SEBI. While the move … Read more
Navigating the Electric Highway: Ola Electric’s Q1 Triumphs and the Road to IPO Success Introduction: In a significant move towards its ambitious expansion plans, Ola Electric Mobility, under the leadership of Bhavish Aggarwal, has recently filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public … Read more
Navigating Legal Waters – Ola Electric’s ANI Technologies in the Eye of the Storm amid Copyright Controversy Introduction: In a recent development, ANI Technologies, the promoter entity of Ola Electric and parent company of Ola Cabs, has come under the radar of the Enforcement Directorate (ED). The investigation is linked to a copyright infringement case … Read more