Ola Electric Secures $100 Million Debt Financing from Bank of Baroda

Ola Electric Secures $100 Million Debt Financing from Bank of Baroda

Ola Electric Mobility and Bank of Baroda have signed one of the largest long-term debt financing agreements in the Indian electric vehicle (EV) industry. The ten-year debt of $100 million ...
/ / Finance and M&A, Solar
Ola Plans World’s Largest Electric Scooter Factory in Tamil Nadu Investing ₹24 Billion

Ola Plans World’s Largest Electric Scooter Factory in Tamil Nadu Investing ₹24 Billion

One of the world's leading mobility platforms, Ola, signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to create a manufacturing hub for electric vehicles (EV) and set ...
/ / Electric Vehicles, Grid
Electric Scooter Maker Ather Energy Raises $35 Million in Series D Funding

Electric Scooter Maker Ather Energy Raises $35 Million in Series D Funding

Electric scooter manufacturer Ather Energy raised $35 million in its latest Series D funding round, led by Sachin Bansal's $23 million investment. Hero MotoCorp has invested $12 million as a ...
/ / Electric Vehicles, Grid
With New Investment of ₹840 Million, Hero’s Share in Ather Energy Rises to 34.58%

With New Investment of ₹840 Million, Hero’s Share in Ather Energy Rises to 34.58%

Hero MotoCorp, a leading manufacturer of motorcycles and scooters, has announced that it has invested ₹840 million (~$11.25 million) in Ather Energy. According to a BSE filing, with this latest ...