Ola Electric approves Rs 1,500 Cr fundraise; COO Hyun Shik Park resigns
Electric two-wheeler maker Ola Electric has approved a plan to raise up to Rs 1,500 crore through the issuance of equity shares or convertible securities. The company’s board approved the proposal on September 5. The fundraise can be carried out through
Ola Electric approves Rs 1,500 Cr fundraise; COO Hyun Shik Park resigns
Electric two-wheeler maker Ola Electric has approved a plan to raise up to Rs 1,500 crore through the issuance of equity shares or convertible securities. The company’s board approved the proposal on September 5. The fundraise can be carried out through
Why it matters
- Ola Electric approves Rs 1,500 Cr fundraise; COO Hyun Shik Park resigns — key development in India's funding landscape
- Follows the broader trend we track daily across funding, tenders, fleet and battery
For readers who want the original reporting, see Entrackr.
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