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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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