Tiger Global, the high-profile global investor, has completely exited its stake in Ather Energy, selling 5% of the electric two-wheeler maker for a staggering Rs 1,204 crore. The exit, executed on November 6, 2025, came via open market transactions on both NSE and BSE, with shares averaging over Rs 620 each.
The sale included 1 crore shares on NSE at Rs 623.56 per share and 93 lakh shares on BSE…
Ola Electric’s Q1 FY26 Results Reveal a Stunning Fall — Here’s What Went Wrong
India’s most talked-about electric vehicle company, Ola Electric, is now facing its biggest financial storm yet. In what many are calling a “meltdown moment”, the EV giant reported a staggering 50% drop in revenue for Q1 FY26 compared to the same quarter last year.
And that’s not all—losses have surged…
In a bold move to secure more funding for his AI startup, Krutrim, Bhavish Aggarwal, the founder of Ola Electric, has pledged an additional 5.88 crore shares of Ola Electric. This latest pledge takes his total encumbered shares to around 2.43% of Ola Electric’s total shares, representing about 8.09% of his personal stake in the electric vehicle company.
The shares are valued at approximately…
Ola’s Bhavish Aggarwal Invests Rs 2,000 Crore in Krutrim AI—India’s First AI Unicorn!
Bhavish Aggarwal, the visionary behind Ola Electric and ride-hailing giant Ola, has made a bold move by investing Rs 2,000 crore (around $230 million) into Krutrim, India’s first AI unicorn. But that’s not all—he’s also committing to an additional Rs 10,000 crore investment next year, setting the…
Ola Electric Shocks the Industry with Bold Appointment: What Does Pritam Das Mohapatra Bring to the Table?
In a game-changing move, Ola Electric has just appointed Pritam Das Mohapatra as its new Compliance Officer and Company Secretary, effective December 30, 2024. But why should this matter to you?
This is not just another corporate reshuffle—this is a strategic shift that could have massive…
In a dramatic turn of events on September 10, 2024, a 26-year-old man named Mohammad Nadeem set fire to an Ola Electric showroom in Kalaburagi, North Karnataka, after encountering persistent issues with his newly purchased electric scooter.
Incident Details
According to reports, Mohammad Nadeem, who is a mechanic by trade, had purchased the scooter just two weeks prior. Despite multiple visits to…
The Economic Times Startup Awards 2024 has unveiled the nominees for its prestigious Startup of the Year category, celebrating companies that have demonstrated exceptional innovation, execution, and rapid growth. This year’s nominees showcase a diverse range of sectors, each bringing a unique approach to their respective fields.
Zepto: Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto…
Ola Electric Mobility, India’s leading e-scooter manufacturer, has achieved a significant milestone by reaching a valuation of Rs 58,664 crore ($6.99 billion) after a 20% surge in its stock value on Friday. This impressive leap follows the launch of its new line of e-motorcycles and the company’s strategic plan to cut costs by producing its own batteries.
The company’s entry into the…
Ola Electric has officially launched its highly anticipated ‘Roadster Series’ of motorcycles at their flagship event, Sankalp 2024. This new lineup, which includes the Roadster, Roadster X, and Roadster Pro, represents a significant leap for the company as it expands its footprint into the motorcycle segment.
During the event, Bhavish Aggarwal, Founder and CMD of Ola Electric, emphasized the…
Ola Electric: Bhavish Aggarwal in India’s billionaire list, worth $1.44 billion as stock rallies 17%
Ola Electric Mobility Ltd’s stock experienced a significant surge of 17% following its muted market debut, propelling the company’s founder Bhavish Aggarwal into the ranks of India’s billionaires. Aggarwal, who holds a substantial 36.94% stake in the company, saw his net worth soar to approximately ₹12,104 crore (about $1.44 billion) as a result of the rally.
The Ola Electric IPO, which…
