Topics: Ola Electric

Ola scoops $500 Mn through Term Loan B

Ola, India's largest mobility platform, has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. The proposed loan issuance...

Ola Electric starts pan India test rides for Ola S1 & Ola S1 Pro

India based electric scooter maker, Ola Electric has said that "It has started a pan India test ride for Ola S1 and Ola S1...

Ola Electric customizes nine Ola S1 Pro for Netherlands Embassy in India

Electric scooter maker, Ola Electric has announced that it will be building nine customized Ola S1 Pro scooters for the Embassy of The Netherlands...

Ola expands its leadership team, hires across finance, and mobility segments

India based leading mobility platform, Ola has announced its key leadership appointments across Ola Financial Services, Ola Cars, and Ola Electric.  "The appointments are a...

IPO: Ola expands ESOP pool to Rs 3000 Crore

Global mobility platform, Ola has announced an expansion of its employee stock options (ESOP) pool to ₹3000 crores and has also allocated an additional...

Ola Electric secures $100 Mn in debt from Bank of Baroda

India based electric scooter manufacturer, Ola Electric has secured $100 Million in debt financing from Bank of Baroda. Ola Electric in its issued statement said...

Ola Electric commences construction of mega-factory in Tamil Nadu

Global mobility company Ola has commenced the construction of two-wheeler mega factory on its 500 acres site in Tamil Nadu. In December 2020, Ola announced...

Orios Venture Partners Report: 44 Unicorn creates $106 billion value for Indian startup ecosystem

India's leading early-stage venture fund Orios Venture Partners has released a report on 'Indian Unicorns' which highlights the performance of the Unicorns across the...

Ola appoints GM veteran Jose Pinheiro as Head of Global Manufacturing and Operations for Electric Business

Leading ride-hailing company Ola has announced the appointment of General Motors veteran Jose Pinheiro as its Head of Global Manufacturing and Operations for its...

Ola Electric Mobility secures Rs 400 cr from Tiger Global Management, Matrix Partners and few others

Ola Electric Mobility, a venture backed by India's largest ride-hailing platform Ola Cabs on Friday announced that "it had secured Rs 400 crore in...

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