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Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [11] [12] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
BENGALURU (Reuters) -SoftBank-backed Ola Electric Mobility's shares rose 10% in their trading debut on Friday, valuing the company at 369.45 billion rupees ($4.40 billion) after the first stock ...
Bhavish Aggarwal (born 28 August 1985) is a Indian entrepreneur. He is the co-founder and CEO of Ola Cabs, founder of Ola Electric [1] and founder of OlaKrutrim, a large language model artificial intelligence (AI) company which became India’s first AI unicorn in 2024 an estimated valuation of $1 billion.
Ola Electric's IPO drew $1.8 billion in bids as the share sale closed on Tuesday, as investors piled into the first stock offering by a pure-play electric vehicle maker in India. The SoftBank ...
1, Sri Aurobindo Marg, Hauz Khas, New Delhi, India. Key people. Anjali Singh ( Executive Chairperson) Mahendra K Goyal ( COO) Manoj Kolhatkar ( COO) [2] Website. www.anandgroupindia.com. ANAND Group is an Automotive Industry company, with headquarters in Delhi, India. [3]
NEW DELHI (Reuters) -SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its initial public offering (IPO), around 16%-20% lower than the ...
Electric Vehicles Krishnagiri: Ola Electric: Electric Vehicles Ranipet: Ampere Electric: Electric Vehicles Chennai: Schwing Stetter: Commercial vehicles Chennai: Komatsu: Dump trucks and Medium-sized Excavators Ambattur, Chennai: TI Cycles: Bicycles Vellore: SAME Deutz-Fahr: Tractors Sriperumbudur, Chennai [41] Hyundai Motor India Limited ...
BENGALURU (Reuters) -Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets.