Ola Electric's ₹1,500 crore fundraise aims to support growth, but sustainable recovery remains uncertain amid fierce competition.

Ola Electric plans to raise up to Rs 1,500 crore through various share issuance methods. This significant fundraise follows a recent Rs 780 crore capital infusion in June.…

Ola Electric’s board approved a fund raise of up to Rs 1,500 crore, while Shradha Sharma and Manoj Kumar Kohli were approved for re-appointment as independent directors.