Z47, Tiger Global Cut Stakes In Ola Electric

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SUMMARY

As per the data available on exchanges, Z47 and Tiger Global Management diluted 0.81% and 0.21% stake in Ola Electric respectively

Both the investors diluted their stake during the first quarter of the ongoing financial year

Recently, Hyundai Motor Company and Kia corporation also offloaded their stake in Ola Electric

Two of Ola Electric’s early backers, Z47 and Tiger Global Management, have pared down their holdings in the startup during the first quarter of the…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Z47, Tiger Global Cut Stakes In Ola Electric


SUMMARY

As per the data available on exchanges, Z47 and Tiger Global Management diluted 0.81% and 0.21% stake in Ola Electric respectively

Both the investors diluted their stake during the first quarter of the ongoing financial year

Recently, Hyundai Motor Company and Kia corporation also offloaded their stake in Ola Electric

Two of Ola Electric’s early backers, Z47 and Tiger Global Management, have pared down their holdings in the startup during the first quarter of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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