New Delhi, June 20, 2024 (TBB Bureau): Bhavish Aggarwal-led Ola Electric has received approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated initial public offering (IPO), marking a significant milestone as the first electric vehicle (EV) startup in the country to do so. The IPO, as outlined in the draft red herring prospectus, comprises a fresh ...

TBB BUREAU BHUBANESWAR, FEB 23, 2024 Ola Electric has witnessed a remarkable surge in sales following a reduction in prices, as per reports. Within a mere three days since announcing the price adjustments, the company reportedly managed to sell 10,000 electric scooters. Last week, Ola implemented price cuts across its S1 X+, S1 Air, and S1 Pro models. The flagship ...

TBB BUREAU BHUBANESWAR, DEC 12, 2023 EV major Ola Electric has announced a flat discount of Rs 20,000 on the newly-launched S1 X+ electric scooter, which is now priced at Rs 89,999, ex-showroom. The EV maker has announced the discount as part of the ‘December to Remember’ campaign featuring several offers and discount schemes. The offer is valid till December ...

TBB BUREAU MUMBAI, SEPT 5, 2023 In a pioneering move set to redefine customer satisfaction, Reliance General Insurance on Tuesday announced the tie-up of its Extended Warranty Product with OLA Electric, allowing two-wheeler buyers to obtain an extended warranty. The extended warranty product addresses customer concerns regarding battery life and performance. The battery cover offers protection for the battery’s lifespan, ...