OLA electric
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MapMyIndia sends legal notice to Ola Electric for data breach ahead of its IPO
CE Info Systems, the parent company of MapMyIndia, has issued a legal notice to Ola Electric, accusing the electric vehicle manufacturer of copying its proprietary data.
Ola registers strong revenue growth of 510% in FY 23
Ola Electric Mobility Business on Monday announced that it has registered strong revenue growth of 510 per cent in FY’23.
Ola Electric turns into public ltd. co. in run-up to IPO filing this month
Market share of nearly 35%, Ola Electric is a key player in India’s EV industry.
Ola Electric announces launch of new scooter, CEO confirms launch via tweet
Ola Electric just recently announced the launch of a new scooter in the country. Bhavish Aggarwal, the CEO of the company confirmed about the launch via a tweet.
Ola Electric plans IPO by end of 2023, engages Goldman Sachs & Kotak for share sale
Backed by major investors, Ola Electric aims to capitalize on India's electric vehicle market through its upcoming initial public offering (IPO).
Ola Electric lays off 200 engineers to restructure electric mobility business
Ola Electric lays off 200 engineers due to the massive effort put into the restructuring of the company's electric mobility business and pivot on distribution.
Ola Electric suspends production at Tamil Nadu plant
The company spokesperson cited “maintenance” as a reason for the dismissal in production.
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