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Ola Electric Mobility Ltd.

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12 Stories Indexed
Last Updated: Just Now
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Startups & Venture Capital Just 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.

By RDU Global Wire5 min read
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 →
Automotive, EVs & Mobility6h ago

Bengaluru AI Traffic Camera Mistakes Guitar Case for Pillion Rider, Sends Helmet Fine

An AI-enabled traffic enforcement camera in Bengaluru wrongly issued a helmet violation challan after mistaking a guitar case strapped to a scooter rider's back for a pillion passenger. The error has reignited debate over the limits of automated policing, even as traffic officials say such false flags are periodically reviewed and corrected.

5 min readRead →
Banking, Fintech & Insurance7h ago

RBI Bulletin Flags India's 7.8% Growth Resilience Amid West Asia Shock, Inflation Pressures and Banking Funding Debate

The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.

8 min readRead →
National Governance & Policy2h ago

Ride-Hailing Coercion Allegations Rock Gujarat as Bharat Taxi Faces Scrutiny

Passengers and drivers in Ahmedabad and Gandhinagar have alleged that groups of men stopped ride-hailing vehicles and pressured riders to cancel Uber and Rapido trips in favour of Bharat Taxi, India's government-backed platform. The allegations, which remain independently unverified, have raised fresh questions about competition, driver livelihoods and passenger safety in one of the country's busiest urban mobility markets.

6 min readRead →
Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Ola Electric Mobility Ltd.:

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