Ola Electric is diverting ₹575 crore from its R&D budget to service debt as sales and revenue plummet. This second reallocation of IPO funds highlights deepening financial stress amid rising market ...
Ola Electric reallocates ₹575 crore from its IPO proceeds, reducing R&D funding to bolster its balance sheet and increase ...
Mumbai: Ola Electric has launched a special Navratri Mahotsav to attract customers during the festive season. The company is offering benefits worth more than ₹30,000 on its electric scooters and ...
As part of the campaign, the company will introduce daily 90-minute “Muhurat” windows during the nine-day festival, where ...
Ola Electric’s retail sales have dropped sharply in recent months, with February 2026 volumes falling to just 3,968 units ...
Ola Electric has launched the Navratri Mahotsav, offering benefits worth over Rs 30,000 on its S1 scooter and Roadster motorcycle. The campaign includes discounts, warranties, and cashback options.
Ola Electric’s board has approved a second major reallocation of its ₹5,500 crore IPO proceeds, diverting ₹575 crore from Research & Development (R&D) to debt repayment and organic growth.
Ola Electric has launched its nine-day Navratri Mahotsav with benefits exceeding ₹30,000 on S1 and Roadster models, while expanding its upgrade program to 60% of customers across India.
Ola Electric is focusing on stabilizing operations and improving service delivery to regain sales momentum. Chairman Bhavish ...
The fundraise comes amid Ola Electric's efforts to restructure operations and shore up its balance sheet, as it tries to claw ...
Ola Electric Mobility today announced the launch of its Navratri Mahotsav, a limited period festive campaign offering benefits of over Rs 30,000 across its S1 scooter and Roadster motorcycle portfolio ...
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