Ola
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Ola's AI Unit 'Krutrim' Acquires BharatSahayak to Expand AI Capabilities Across India
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By Loktej English Team
New Delhi, June 20 — Ola Group's artificial intelligence arm, Krutrim, has announced the acquisition of BharatSahayak, an AI platform previously owned by technology consulting firm Samagra. The acquisition includes BharatSahayak’s core AI team, further strengthening Krutrim’s technological foundation. The... Ola Electric Unveils Roadster X Series Motorbike, Launch Expected This Month
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By Loktej English Team
New Delhi, April 11, 2025 — Ola Electric Mobility has introduced its much-anticipated Roadster X motorcycle from its Krishnagiri-based Futurefactory in Tamil Nadu. The electric two-wheeler, which marks a new phase in the company’s EV journey, is expected to hit... Ola Electric Subsidiary Settles Outstanding Dues with Rosmerta Group
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By Loktej English Team
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
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By Loktej English Team
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
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By Loktej English Team
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
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By Loktej English Team
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
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By Loktej English Team
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
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By Loktej English Team
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
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By Loktej English Team
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... 