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Ola Electric

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8 Stories Indexed
Last Updated: Just Now
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Automotive, EVs & Mobility 06 Oct 2026, 02:23 PM IST

Bhavish Aggarwal Pledges 4.32% Stake to Support Ola Electric’s Rs 1,000 Crore Rights Issue

Ola Electric Chairman Bhavish Aggarwal has pledged a 4.32% stake in the company as part of efforts to support the electric two-wheeler maker’s upcoming Rs 1,000 crore rights issue. The move underscores the founder’s continued financial commitment to the company at a time when Ola Electric is seeking additional capital to strengthen its balance sheet and fund operations.

By RDU Global Wire5 min read
Startups & Venture Capital05 Oct 2026, 06:41 PM IST

Bhavish Aggarwal Pledges 4.32% Ola Electric Stake to Fund Rights Issue Subscription

Ola Electric founder and chairman-cum-managing director Bhavish Aggarwal has pledged a 4.32% stake in the company to finance his participation in the electric two-wheeler maker’s rights issue, underscoring both his commitment to the business and the capital demands facing the startup. The move comes at a sensitive time for Ola Electric, which is navigating a competitive EV market, investor scrutiny and the need to preserve liquidity while supporting growth.

5 min readRead →
Automotive, EVs & Mobility04 Oct 2026, 05:51 AM IST

Electric Two-Wheeler Registrations Rebound 12% in September as Ather and Ola Slip in Market Share

India’s electric two-wheeler market recovered in September, with monthly registrations rising 12% from August after two consecutive months of decline. The rebound, however, did not lift all players evenly: Ather Energy and Ola Electric both lost market share even as the broader category regained momentum, underscoring intensifying competition in the segment.

5 min readRead →
Automotive, EVs & Mobility03 Oct 2026, 04:41 AM IST

Rajiv and Rohit Claim Rally of Himalayas Glory as Dhritimaan Wins Two-Wheeler Class

Rajiv and Rohit delivered a commanding finish at the Rally of Himalayas, underlining their pace and composure on one of India’s most demanding motorsport stages. In the two-wheeler category, Dhritimaan emerged victorious, adding another notable result to a competition defined by altitude, endurance, and mechanical discipline.

5 min readRead →
Startups & Venture CapitalJust now (04:44 PM IST)

Seeds Fincap Raises Over ₹100 Crore to Expand Lending Tech Platform

Delhi NCR-based NBFC Seeds Fincap has raised more than ₹100 crore in a Series B round as it looks to deepen its lending technology capabilities and broaden its credit footprint. The funding underscores continued investor appetite for fintech infrastructure and specialised lenders serving underpenetrated borrower segments in India.

5 min readRead →
National Governance & PolicyJust now (08:03 AM IST)

Brahma Kumaris and DCO Office Launch Drug-Use Awareness Drive in Barabanki Under Operation Jagriti

Brahma Kumaris, in coordination with the District Coordination Office, organized a public awareness campaign in Barabanki under Operation Jagriti to highlight the dangers of substance abuse and addiction. The initiative reflects a growing governance focus on prevention, community engagement, and behavioral change as part of broader public health and social stability efforts.

5 min readRead →
India Sports & CricketJust now (02:10 AM IST)

Ishaan Claims Maiden Win in MRF Indian National Racing Challenge

Ishaan delivered a breakthrough performance to secure his first victory of the season in the MRF Indian National Racing Challenge, underlining both pace and composure in a tightly contested race. The result marks a significant momentum shift in the championship and adds fresh intensity to the title battle.

4 min readRead →
Startups & Venture CapitalJust now (10:03 PM IST)

Ola Electric Board Clears ₹1,000 Crore Rights Issue to Bolster Capital Base

Ola Electric’s board has approved a rights issue of partly paid-up equity shares aggregating up to ₹1,000 crore, a move that signals the company’s intent to strengthen its balance sheet and preserve financial flexibility. The fundraising comes as the electric two-wheeler maker navigates a demanding capital-intensive phase marked by scale-up costs, competitive pressure, and the need for sustained investment in manufacturing and technology.

5 min readRead →

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