Ola Electric

Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.

Calling it a ''piece of junk'', Rishabh Jain enumerated the problems he encountered with Ola's electric scooter.

Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.

Ola claims that the Solo is an electric scooter that is traffic-smart, AI-enabled, and completely autonomous

Krutrim has gained unicorn status as the AI startup founded by serial entrepreneur Bhavish Aggarwal secured $50 million in funding from investors including Matrix Partners India. It is the first AI startup to gain a billion-dollar valuation, a mere month after announcing its first large language model (LLM).

A video of a man using an Ola electric scooter to play music at a pre-wedding event has not just caught the attention of social media users but Ola CEO Bhavish Aggarwal as well.

He said that all employees are now working more than 70 hours a week to meet the rise in demand due to the festive season.

The company has confirmed that the scooter's battery remains intact and functional.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...

Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an introductory price of Rs 79,999 as it accelerates its challenge to conventional engine counterparts. The new S1X electric scooter comes in three variants, S1X (with a 2KWh battery), S1X with a 3KWh battery, and S1X+ also with a 3KWh battery but with more connected fea...

Ola Electric CEO Bhavish Aggarwal on Monday slammed an unnamed auto journalist and demanded an apology after confidential pictures of their new scooters were leaked before the official launch.

Mr Aggarwal shared a photo of the canine and its official Ola Electric ID card.

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal.

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...

Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.

Calling it a ''piece of junk'', Rishabh Jain enumerated the problems he encountered with Ola's electric scooter.

Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.

Ola claims that the Solo is an electric scooter that is traffic-smart, AI-enabled, and completely autonomous

Krutrim has gained unicorn status as the AI startup founded by serial entrepreneur Bhavish Aggarwal secured $50 million in funding from investors including Matrix Partners India. It is the first AI startup to gain a billion-dollar valuation, a mere month after announcing its first large language model (LLM).

A video of a man using an Ola electric scooter to play music at a pre-wedding event has not just caught the attention of social media users but Ola CEO Bhavish Aggarwal as well.

He said that all employees are now working more than 70 hours a week to meet the rise in demand due to the festive season.

The company has confirmed that the scooter's battery remains intact and functional.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...

Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an introductory price of Rs 79,999 as it accelerates its challenge to conventional engine counterparts. The new S1X electric scooter comes in three variants, S1X (with a 2KWh battery), S1X with a 3KWh battery, and S1X+ also with a 3KWh battery but with more connected fea...

Ola Electric CEO Bhavish Aggarwal on Monday slammed an unnamed auto journalist and demanded an apology after confidential pictures of their new scooters were leaked before the official launch.

Mr Aggarwal shared a photo of the canine and its official Ola Electric ID card.

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal.

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...