There may be an underutilised revenue opportunity for Ather Energy. On the company’s Q2 FY27 earnings call, the management stated that there may be about 20,000 incremental units of electric scooters that go unsold due to supply-side constraints each month. This shows how…
Ola Electric raised ₹600 crore as October registrations fell in a growing EV market, putting its recovery, cash use and customer trust under scrutiny. Ola Electric’s Funding Boost Faces a Bigger Test: Winning Back Riders Ola Electric has secured nearly ₹600 crore…
Ola Electric Mobility Limited share price trend ended 4.95% higher on Wednesday, extending its winning streak over the past five trading sessions. The EV stock has delivered 11% return in one week amid the ongoing Ola Electric Mobility’s rights issue. The stock…
Ather Energy shares extended their rally on Tuesday, rising 4 percent in early trade after surging more than 14 percent in the previous session. Brokerages Nomura and HSBC raised their price targets following the electric two-wheeler maker's strong fiscal second quarter earnings.
SoftBank’s investment vehicle, SVF II Ostrich (DE) LLC, sold 3.58 crore rights entitlements (REs) in Ola Electric Mobility cumulatively through October 26, according to NSE bulk-deal data. The transactions took place as the electric two-wheeler maker sought to raise ₹1,000 crore through a…
Ola Electric's promoter has committed his stake as collateral to secure funding for subscribing to the upcoming rights issue, signaling alignment with other equity holders and keeping his proportional holding intact. The promoter's pledge ensures participation in the ₹1,000 crore rights…
Update | October 23, 16:55 IST Shares of Ola Electric ended the day 6.39% lower at ₹29.90 apiece on the BSE today, while its market capitalisation stood at ₹14,946.06 Cr ($1.58 Bn). The company’s shares are now trading 61% below its listing price of ₹76. Original | October 23, 14:31 IST Shares…
Motilal Oswal Financial Services and Calliope Capital Advisors applied for a combined 2.39 Cr shares on the opening day of Ola Electric’s rights issue. Both investors exercised the full rights entitlements transferred to them by promoter group entities ANI Technologies and…
Motilal Oswal Financial Services and Calliope Capital Advisors, an investment vehicle associated with the Motilal Oswal group, have applied for a combined 2.39 crore shares in Ola Electric’s ₹1,000 crore rights issue on the first day of the offer, which opened on…
A second female lawmaker in Australia is threatened days after alleged car attack India turns back to Gulf oil as Russian crude loses its price edge West Bengal minister calls CJP 'Gen Z' movement a "huge scam", says illegal actions…
Few companies in Indian motoring have generated as many headlines as Ola Electric. Founded by Bhavish Aggarwal, the entrepreneur behind the Ola ride-hailing service, it set out to electrify the country's scooters at enormous scale, building a vast factory in Tamil Nadu and selling S1 scooters direct to buyers online. For a time it was the market leader, and its rapid rise made it the poster child for India's electric ambitions.
The ride has been bumpy. Ola's scooters won buyers with low prices and bold features, but the company also drew criticism over service backlogs, quality complaints and regulatory scrutiny. It listed on the Indian stock market in 2024 and branched into electric motorcycles with the Roadster range, while pursuing its own battery cell production. Market share slipped as TVS, Bajaj and Ather gained ground, and the company has turned to fresh capital, including a rights issue, while working to rebuild confidence among buyers and investors.
Ola remains a major player in India's electric two-wheeler market, and its story is a study in how fast-moving startups fare against established manufacturers with deep dealer and service networks. Its rivals include TVS's iQube, Bajaj's Chetak, Ather and Hero's Vida, each of which has made gains at Ola's expense. Coverage follows monthly sales, quarterly results, share price moves, fundraising, product launches, regulatory developments and the progress of its battery plans, which could matter as much as any scooter it sells.
India's loudest electric two-wheeler startup: S1 scooters, Roadster motorcycles, a giant factory, a stock market debut and plenty of controversy.
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