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The company would sell a minority stake to financial investors for fundraise, and Ola Electric is in discussions with sovereign wealth funds and global infrastructure investors
Investment banks Avendus Capital and Motilal Oswal have been mandated to run the fundraising process
Shares of Ola Electric ended today’s trading session 5.28% higher at ₹24.32
Listed EV company Ola Electric
is reportedly set to raise up to ₹2,000 Cr (around $216.8 Mn) by selling a portion…
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The company would sell a minority stake to financial investors for fundraise, and Ola Electric is in discussions with sovereign wealth funds and global infrastructure investors
Investment banks Avendus Capital and Motilal Oswal have been mandated to run the fundraising process
Shares of Ola Electric ended today’s trading session 5.28% higher at ₹24.32
Listed EV company Ola Electric is reportedly set to raise up to ₹2,000 Cr (around $216.8 Mn) by selling a portion…
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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