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The Captable
Ola Electric Mobility has raised about Rs 780 crore through a qualified institutions placement, marking a significant capital infusion
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The Captable

The issue received bids worth about Rs 780 crore, with demand from long-only investors, including global names such as Goldman…

Ola Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its…

Ola Electric's net loss of Rs 500 crore for the quarter ended March 31, down 42.5% from a loss of Rs 870 crore in the same period…

The strong response came despite volatile equity markets and signals continued institutional confidence in Ola Electric's growth…

The vehicle appears to be based on Ola Electric's existing S1 platform, configured for commercial use cases such as food…

Ola Electric raises ₹780 crore via QIP, attracting major investors like Mirae Asset and Goldman Sachs for future growth.