Ola Electric: Roadster X Deliveries Begin After Two-Month Delay5 days ago
Ola Electric has started delivering its Roadster X motorcycle after a two-month delay. The homologation certificate arrived just hours before the first deliveries on Friday. The delay raised questions about the vehicle's roadworthiness and led to discrepancies in February's sales data reporting.
Ola Electric: EV Maker Seeks Rs 1,700 Crore Debt Funding6 days ago
Ola Electric Mobility Ltd. has approved a proposal to raise up to Rs 1,700 crore through debt instruments such as term loans, non-convertible debentures, or other securities. The fundraising will be conducted via private placement within the borrowing limits approved by shareholders.
Ola Electric to Raise Up to 17 Billion Rupees via Private Placement6 days ago
Ola Electric plans to raise up to 17 billion rupees through a private placement of Non-Convertible Debentures (NCDs). The company is also considering fund-raising through term loans, working capital facilities, or issuing NCDs/other securities.