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  2. Indian e-scooter maker Ola Electric's $734 million IPO fully ...

    www.aol.com/news/indian-e-scooter-maker-ola...

    Ola's IPO was 35% subscribed on the first day of bidding. There is one more day of bidding to go. More than 150 companies have raised nearly $5 billion on India's booming stock market so far this ...

  3. India's Ola Electric surges 20% on debut on EV optimism

    www.aol.com/news/indias-top-e-scooter-maker...

    Ola Electric's $734 million IPO is India's biggest so far in 2024. The company is the leading player in a country where adoption of EVs is still low, but rising, as Prime Minister Narendra Modi's ...

  4. India's Ola Electric soars to $7 billion valuation on e ...

    www.aol.com/news/indias-ola-electric-soars-7...

    Ola Electric, which listed its shares on Aug. 9 after a $734 million initial public offering (IPO), has seen its shares jump 75% over the launch price of 76 rupees. It was valued at $5.4 billion ...

  5. Ola Electric - Wikipedia

    en.wikipedia.org/wiki/Ola_Electric

    Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...

  6. Ola Consumer - Wikipedia

    en.wikipedia.org/wiki/Ola_Consumer

    Ola posted its first-ever operating profit of ₹ 90 crore (US$10 million) in the financial year 2020–21. [20] In April 2024, Ola announced it was pulling out of all international markets – UK, Australia and New Zealand markets with only a few days notice. [21] [22] In May 2024, Ola migrated from Microsoft Azure to its own cloud platform ...

  7. Bhavish Aggarwal - Wikipedia

    en.wikipedia.org/wiki/Bhavish_Aggarwal

    Bhavish Aggarwal (born 28 August 1985) is an Indian entrepreneur. He is the co-founder and CEO of Ola Consumer, founder of Ola Electric [1] and founder of Ola Krutrim, a large language model artificial intelligence (AI) company which became India’s first AI unicorn in 2024 an estimated valuation of $1 billion.

  8. Ola Electric gets bids worth $1.8 billion in India's first EV IPO

    www.aol.com/news/ola-electric-gets-bids-worth...

    Ola Electric's IPO drew $1.8 billion in bids as the share sale closed on Tuesday, as investors piled into the first stock offering by a pure-play electric vehicle maker in India. The SoftBank ...

  9. Ather Energy - Wikipedia

    en.wikipedia.org/wiki/Ather_Energy

    In September 2024, the company filed a DRHP with SEBI for a Rs 4,500 crore ($536.2 million) IPO at a valuation of $2.5 billion. The company said it will sell new shares worth $370 million in the IPO as well as up to 22 million shares from existing investors. [21]