OLA DISCOUNT

Ola Electric IPO valuation is likely at $4 billion, down 25% from $5.4 billion in last funding round The IPO seeks Rs 5,500 crore through a fresh issue and 95.2 million shares offer-for-sale. Initially targeting $6-7 billion, the valuation was adjus...

Happy Wednesday! The central bank has cautioned fintech startups to adhere strictly to know-your-customer (KYC) guidelines. This and more in today’s ETtech Morning Dispatch.

Ola Electric, led by Bhavish Aggarwal, plans a $4 billion IPO, down from a $5.4 billion valuation with Temasek, aiming to raise ₹5,500 crore. The company has cut costs and laid off staff, affecting market share. Competing with FirstCry and Swiggy, i...

Ola Electric's initial public offering (IPO) may hit the market at 30% below its last valuation. This and more on today’s ETtech Top 5.

Ola Electric, eyeing an IPO, is reportedly trimming its workforce by 400-500 employees to streamline operations. This number may change as the senior leadership is still concluding the scale of the layoffs. They are expected to hit multiple vertical...

Under Bharat EV fest, Ola is offering five years' extended warranty on the battery at no extra cost with the all new S1 Pro- 2nd Gen while you can get 50 per cent off on 5-year warranty with the S1 Air.

India's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024. Ather was one of the first to drive the pick-up in adoption with the launch of its 450 series of e-scooters in 2018, but has fallen behi...

Apple and its supplier network have become India’s leading blue-collar job creator since the start of the production-linked incentive scheme. This and more in today’s ETtech Top 5.

Time is running out to purchase an electric scooter with FAME subsidies. Ather Energy, Okaya, and Ola Electric offer exclusive discounts. Act quickly to take advantage of the limited-time offers before March 31.

Rapido has introduced a subscription fee model for its driver partners on cabs and autos, doing away with the old structure of commissions on rides, while inDrive is offering commission rates of 10-12% to its drivers in India, less than half of lead...

Ola Electric is offering additional discounts on International Women's Day, on top of the discounts announced earlier. However, the offer is valid for a limited time.

Ola Electric's Bhavish Aggarwal revealed big updates for electric vehicle buyers, announcing an eight-year or 80,000 km warranty for Ola scooters. Addressing concerns about electric vehicle longevity, Aggarwal assured that Ola scooters would outlast...

Ola has announced a range of exciting offers to celebrate the start of the harvest festivities in India including extended warranty, finance deals, as well as flat discounts.

Bengaluru-based Ather Energy has announced a major price cut on its entry-level model, the 450S, to expand its customer base. The EV maker has reduced the price of the 450S by Rs 20,000, making it available at a starting price of Rs 1.09 lakh in Ben...

In the current fiscal year (FY24) until December, high-speed electric two-wheeler sales in the country have exceeded the 640,000 mark, with Ola leading the way.

In the E2W space, Ola Electric (Ola) remained the market leader by volume and gained market share, reaching 40 per cent. Ola gained the most market share, followed by Bajaj Auto while TVS Motor lost the most, according to BNP Paribas India EV report.

If you're considering purchasing an electric vehicle, especially a two-wheeler, time is of the essence to secure a great deal. Numerous electric vehicle manufacturers have introduced special offers on electric two-wheelers exclusively for this month...

The S1 X+ is built on the Gen 2 platform, which is the foundation for all Ola S1 scooters. It comes with a 3 kWh battery that provides a certified range of 151 km. Powered by a 6 kW motor, this electric scooter can go from 0 to 40 kmph in just 3.3 s...

Late-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swiggy, and Oyo, ride-hailing firm Ola is the latest to see its valuation being cut to $4.8 billion .