Ola Electric

Vanguard cuts Indian ride-hailing giant Ola’s valuation by 52%

The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment, according to an analysis of its filings. Vangu

Ola’s Aggarwal sets eyes on AI, semiconductor design

Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is venturing into fresh terrain as he navigates his businesses toward initial publi

India’s electric two-wheeler sales hit a speed bump

In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Fossil fuels still dominate the South Asian nati

Daily Crunch: Peloton CEO in hot seat, activist investor says ‘the ride for Mr. Foley is over’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Ola Electric valued at $5 billion in new funding

Ola Electric said on Monday it has raised $200 million in a new financing round even as the Indian ride-hailing giant’s spin-off struggles to deliver its maiden electric scooter to customers and

Indian ride-hailing startup Ola valued at $7.3 billion in new funding

Indian ride-hailing giant Ola has raised $139 million at a valuation of about $7.3 billion, it said in a filing, ahead of its plans to file for an initial public offering early next year. Mumbai-headq

How newcomer River plans to fill a gap in India’s competitive EV two-wheeler market

Two-wheelers have long been a cornerstone of life in India — their smaller size and affordability make these traditionally gas and diesel-powered vehicles a go-to means of navigating the traffic-jam

Early Q3 indications show India’s startup ecosystem is going gangbusters

It appears that India's startups utterly crushed previous venture records in Q3. What does that tell us? That India is precisely as bonkers-busy as we thought. And that it's coming for China.

Ola Electric raises $200 million at $3 billion valuation

Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufac

Equity Monday: Y Combinator Demo Day approaches

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri

Ola Electric in talks to raise at over $2.75 billion valuation

Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asia