Archive · 26 Oct 2025
Ola Electric Board Approves ₹1,500 Crore Fundraise
Ola Electric, which makes electric vehicles, has decided to try and raise up to ₹1,500 crore.
They plan to do this by selling shares or other types of investments, as approved by the board.
The company hasn't said why it needs the money.
This information was made public on October 26, 2025.
Ola Electric's board approved raising up to ₹1,500 crore.
Funds will be raised via shares or convertible securities.
The specific reasons for raising funds were not disclosed.
The announcement was made on October 26, 2025.
The company is based in Bengaluru.
- Who
- Ola Electric
- What
- Approved raising funds
- When
- October 26, 2025
- Where
- N/A
- Why
- Undisclosed
- Company
- Ola Electric
- Amount to be Raised
- Up to ₹1,500 crore
- Fundraising Method
- Issue of shares or convertible securities
- Announcement Date
- October 26, 2025
