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Ola Electric to raise ₹5,500 crore in India's first EV maker IPO

The Ola Electric IPO will include an issue of fresh stock with CEO Bhavish Aggarwal and SoftBank selling up to 47.4 million and 23.9 million shares respectively. ....

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Ola Plans to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries

Ola had in September last year said it was looking to expand into Latin America, ASEAN and European Union countries after entering India’s neighbour Nepal first. aaa ....

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Ola lays off 200 engineers in a major restructuring exercise

Ola said it plans to hire 5,000 engineers as it doubles down on new engineering verticals and strengthens capabilities. ....

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Ola shuts down Ola Cars, Ola Dash

Ola shuts used car business Ola Cars, winds up quick commerce platform Ola Dash ....

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Ola Electric teases 3 electric cars; likely to be a sedan, SUV and hatchback

Bhavish Aggarwal, CEO of Ola Electric, in a tweet, said, “Building some cars,” and posted an image with a heavily blurred image of a car in the background. ....

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