Ola Electric Reports 55% Drop in Q3 Revenue

Ola Electric Mobility trades in green on the BSE

Mumbai, February 13: Electric two-wheeler manufacturer Ola Electric released its financial results for the third quarter of the fiscal year 2026 on Friday. The company’s operational revenue for the October-December period fell by 55.02% year-on-year, amounting to ₹470 crore, compared to ₹1,045 crore during the same period last year. The total income for the company … Read more

Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide After Employee’s Death in Bengaluru

Ola CEO Bhavish Aggarwal

New Delhi, October 20 (Udaipur Kiran): In a major development, the Bengaluru Police have registered a case against Ola founder and CEO Bhavish Aggarwal and senior executive Subrata Kumar Das for abetment of suicide, following the alleged suicide of a company employee. The deceased, 38-year-old K. Aravind, reportedly left behind a 28-page suicide note accusing … Read more

Ola Electric Rises on Festive ‘Muhurat Mahotsav’ Launch with Special Pricing

Ola Electric Mobility

(Udaipur Kiran News): Shares of Ola Electric Mobility gained on Tuesday after the company unveiled its ‘Ola Muhurat Mahotsav’, a nine-day festive campaign offering special pricing on select scooters and motorcycles. At the BSE, the stock was trading at ₹58.44, up 0.90% from its previous close of ₹57.92. During the session, it touched a high … Read more

Ola Electric Sees 26% Sales Decline in February, Retains Market Leadership with 28% Share

Ola Electric

Ola Electric, India’s leading electric two-wheeler manufacturer, reported sales of 25,000 units in February 2025, marking a 25.86% decline year-on-year compared to the 33,722 units sold in February 2024. Despite the drop, the company maintained its dominant position with a 28% market share in the electric two-wheeler segment. The company attributed the temporary dip in … Read more

Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion

Ola Electric

SoftBank-backed Ola Electric’s initial public offering will open for retail subscriptions on Aug. 2, the Indian electric scooter maker said on Saturday, valuing the company at $4.2 billion to $4.4 billion, according to two sources. According to the final IPO prospectus, the offering for retail subscriptions, which opens to institutional investors one day earlier on … Read more

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