Ola Electric

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Last Updated: Just Now

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Startups & Venture Capital Just now (10:03 PM IST)

Ola Electric Board Clears ₹1,000 Crore Rights Issue to Bolster Capital Base

Ola Electric’s board has approved a rights issue of partly paid-up equity shares aggregating up to ₹1,000 crore, a move that signals the company’s intent to strengthen its balance sheet and preserve financial flexibility. The fundraising comes as the electric two-wheeler maker navigates a demanding capital-intensive phase marked by scale-up costs, competitive pressure, and the need for sustained investment in manufacturing and technology.

By RDU Global Wire5 min read

Startups & Venture CapitalJust now (09:42 PM IST)

Ola Electric Board Approves ₹1,000 Crore Rights Issue to Bolster Capital Base

Ola Electric’s board has approved a rights issue of partly paid-up equity shares aggregating up to ₹1,000 crore, a move that signals the company’s intent to strengthen its balance sheet amid a demanding phase for India’s electric two-wheeler market. The capital raise comes as the startup-backed manufacturer continues to navigate scale-up pressures, competitive intensity, and the need for sustained investment in manufacturing, technology, and distribution.

5 min readRead →

Startups & Venture CapitalJust now (04:41 PM IST)

Ola Electric Board Clears ₹1,000 Crore Rights Issue to Bolster Capital Base

Ola Electric’s board has approved a rights issue of partly paid-up equity shares aggregating up to ₹1,000 crore, a move that gives the electric two-wheeler maker a fresh route to raise capital from existing shareholders. The decision comes as the company works to strengthen its balance sheet and fund operations in a capital-intensive market where scale, manufacturing efficiency and execution remain under close scrutiny.

5 min readRead →

Energy, Power & CleanTechJust now (06:45 AM IST)

Gadkari Advocates Ethanol as Key to Boosting Farmer Incomes and Cutting Fuel Imports

Union Minister Nitin Gadkari emphasized the potential of ethanol in enhancing farmers' earnings and reducing India's fuel import dependency during the launch of a new bus service in Madhya Pradesh. He highlighted the recent surge in maize prices and the government's ambitious PM e-Bus Sewa initiative.

4 min readRead →

Startups & Venture Capital3h ago

IIT Madras-backed Unicorn India Ventures raises Rs 450 crore in first close, targets Rs 1,000 crore deep-tech fund by December

IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.

6 min readRead →

National Governance & Policy11h ago

India, EDF Explore French EPR Nuclear Technology and Pumped Hydro Cooperation

India's power secretary Pankaj Agarwal met EDF chairman and CEO Bernard Fontana to discuss the possible deployment of the French utility's EPR nuclear reactor technology in India, the power ministry said on Friday. The talks also covered the evolving regulatory framework for the nuclear sector and potential cooperation on pumped hydro storage projects, underscoring a broader push to deepen Indo-French energy ties.

5 min readRead →

National Governance & Policy34m ago

Actis Consolidates 11 India Road Assets Into $1 Billion Trust as Investor Appetite for Toll Roads Deepens

Actis has merged 11 Indian road assets from its Long Life Infrastructure Fund 1 and 2 into the NXT-Infra Trust, a move that underscores the growing institutional appetite for operating toll roads in India. Following the fundraising, Actis' stake in the trust has fallen to 71% from 86%, with domestic investors taking the balance, as the firm positions the vehicle for future acquisitions.

5 min readRead →

National Governance & Policy1h ago

Karnataka courts Singapore capital as Patil pitches deeper ties in aerospace, chips and data centres

Karnataka is stepping up its push to attract Singaporean investment, with Industries Minister MB Patil holding talks with Singapore Minister of State for Trade and Industry Gan Siow Huang on expanding cooperation across advanced sectors. The discussions highlighted opportunities in aerospace, defence, semiconductors, aviation MRO and digital infrastructure, with CapitaLand Investment and ST Telemedia Global Data Centres signalling further interest in the state.

4 min readRead →

Agriculture & Rural Economy1h ago

Karnataka Announces Rs 2,500 Input Subsidy for Drought-Hit Farmers as Relief Push Begins

Karnataka will provide Rs 2,500 in input subsidy to each drought-hit farmer as immediate relief, Deputy Chief Minister G Parameshwara said on Friday, in a move expected to benefit 45-50 lakh farmers and cost the state about Rs 1,250 crore. The government said further assistance will depend on the Centre's response and the final assessment of drought losses, which the state estimates could exceed Rs 40,000 crore.

4 min readRead →

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