Ola electric

Ola Electric Faces Data Theft Allegations Amid IPO Preparations

Ola Electric, the electric vehicle arm of ride-hailing giant Ola, has been accused of data theft by CE Info Systems Ltd, the parent company of MapMyIndia. The allegations, which have been vehemently denied by Ola Electric, have sparked a legal battle that could have far-reaching implications for both companies. Jul 30, 2024
automoblies

Automobile sales soar in Apr-June quarter, clock 9 pc growth

The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA). Jul 16, 2024
Ola Electric captures over 52 pc market share in EV 2-wheeler segment in April

Ola Electric's IPO To Be A Game-Changer For India's EV Industry

In a significant development for India's electric vehicle (EV) industry, Ola Electric, under the leadership of Bhavish Aggarwal, has secured approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This event, which transpired on June 20, 2024, is a milestone as it represents the first IPO by an EV startup in India. Jun 20, 2024