EVsInc42about 1 hour ago
Ola Electric Eyes ₹1,500 Cr Fresh Fundraise
7 min read
Ola Electric's board approved raising up to ₹1,500 Cr via equity or convertible securities, subject to approvals. The EV maker carries over ₹1,600 Cr in debt and recently used ₹225 Cr of its ₹744 Cr QIP for loan repayment. COO Hyun Shik Park resigned.
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