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India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it ...
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 ...
Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities. A variety of venture capitalists including Softbank have large stakes in the company. [4]
Ola Consumer: 7.3 December 2021 [98] Transportation India Bhavish Aggarwal, Ankit Bhati Gong 7.25 June 2021 [99] Artificial intelligence United States TripActions: 7.25 October 2021 [100] Travel United States Ariel Cohen and Ilan Twig CoreWeave 7 December 2023 () [101] Cloud Computing United States Brannin McBee, Brian Venturo, Michael Intrator
NEW DELHI (Reuters) -SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its initial public offering (IPO), around 16%-20% lower than the ...
united arab emirates (uae) Novo introduced Wegovy to the UAE on Nov. 20 at a monthly cost of 6,848 AED ($1,864). The UAE, which offers free public health care to its citizens, has not said if it ...
In December 2023, Wardwizard Innovations and UAE's BEEAH Group signed a Memorandum of Understanding (MoU) to collaborate on the manufacturing and sale of electric vehicles (EVs) in the GCC and African countries. The collaboration aims to utilize BEEAH Group's network in the GCC and African nations to facilitate sales within these regions. [26]
Dubai, the most populous city in the United Arab Emirates Map of the United Arab Emirates. The table below shows a list of every city in the UAE with a population of at least 10,000, listed in descending order. The capitals are shown in bold.