Ola Electric Files ₹7,500 Crore IPO to Fund EV Production Expansion

Ola Electric has filed a ₹7,500 crore IPO to fund EV production and expand battery capacity amidst India’s growing electric mobility market.

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Ola Electric Files ₹7,500 Crore IPO to Fund EV Production Expansion

Ola Electric Files ₹7,500 Crore IPO to Fund EV Production Expansion
Ola Electric has filed for a ₹7,500 crore IPO as part of its efforts to expand electric vehicle (EV) production. The company plans to use the proceeds to scale battery manufacturing and increase product offerings. The IPO comes amid the rapid growth of India's EV market, with investor interest expected to be high due to Ola's strong brand presence and market leadership.
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  • ipo
  • ola electric