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Ola Electric Subsidiary Settles Outstanding Dues with Rosmerta Group
Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility Limited, has amicably settled all outstanding dues with its former vehicle registration service provider, Rosmerta Group. The company informed the stock exchanges on Tuesday that the settlement has been...
Ola Electric Shares Rebound by 12.50% After Hitting Record Low
New Delhi, March 18 – Ola Electric Mobility Limited saw a sharp recovery in its stock price on Tuesday after hitting an all-time low earlier in the day. The stock rebounded by 12.50% to close at ₹52.80 on the Bombay...
Ola Electric Announces ‘Holi Flash Sale’ with Discounts of Up to ₹26,750 on S1 E-Scooters
New Delhi, March 13 – Ola Electric has introduced a limited-time Holi Flash Sale for its S1 electric scooter series, offering significant discounts on various models. The sale, which began on March 13, will continue until March 17, providing customers...
Ola Electric Cuts Monthly Costs by ₹90 Crore Through Operational Overhaul
New Delhi, March 12 – Ola Electric announced on Wednesday that it has successfully implemented a company-wide initiative aimed at reducing costs and enhancing customer experience. The company stated that this transformation, initiated in November 2024, has led to a...
Ola Electric Plans to Expand Store Network to 4,000 by December 20
New Delhi, December 2 - Ola Electric announced its ambitious plan to quadruple its company-owned store count from 800 to 4,000 by December 20, 2024.
In a statement released on Monday, the company highlighted its efforts to establish over 3,200... 
Ola's mobility business in India logs Rs 250cr profit in FY23
New Delhi, Jan 25 (IANS) Ride-hailing company Ola's mobility business in India reported a profit of Rs 250 crore in FY23 against a loss of Rs 66 crore in FY22. Bhavish Aggarwal-run company's revenue grew 58 per cent to Rs... 
Ola Electric aims to raise nearly Rs 5,800 cr via IPO, to file DRHP
New Delhi, Dec 11 (IANS) Homegrown electric two-wheeler manufacturer Ola Electric aims to raise nearly Rs 5,800 crore through an Initial Public Offering (IPO) and is set to file its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange... 