ALPHA TRIBE

Ola Electric Mobility LimitedUpdates, 06-11-2025: General Updates

06-11-2025 | 10:39 am

Ola Electric reported a Q2 loss of 418 Cr and H1 loss of 846 Cr. The board approved re-allocating IPO funds, prioritizing R&D and organic growth over cell expansion. Plans include raising 1,700 Cr debt and 1,500 Cr equity/convertibles to fund operations.

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