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Ola's dream of world's biggest e-scooter factory hits a hurdle

By Ragini Saxena, Ola Electric Mobility Pvt., the Indian startup that’s pledged to build the world’s biggest electric scooter factory, doled out a handful of brightly-hued bikes earlier this month, complete with drummers and a saxophonist to mark the occasion. Founder Bhavish Aggarwal came to thank some 100 customers who brought along family and friends.

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Ola raises $500 million loan

While the business would not reveal the identities of individual investors, it claimed to have obtained a $1.5 billion commitment from them.

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Ola Unveils First-Ever Operating Profit Ahead of Potential IPO

Ola has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed.

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Ola top executives CFO and COO to exit the company ahead of IPO

Ola is slated to lose two key executives CFO Swayam Saurabh and COO Gaurav Porwal ahead of a projected $1 billion initial public offering.

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Two top executives exit SoftBank-backed Ola ahead of Rs 7,500-crore IPO

SoftBank-backed Indian ride-hailing firm Ola's Chief Financial Officer Swayam Saurabh and Chief Operating Officer Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters.

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