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Ola Electric Floats ₹1,500 Cr QIP at ₹37.74 as E2W Sales Rebound 8.4% MoM in May

Ola Electric opens a ₹1,500 Cr QIP at a ₹37.74 floor price even as its market share slips to 9% (15,139 units) in a recovering E2W market that grew 8.4% MoM and 69% YoY to 1.70 lakh units in May. Parallel signals: Anveshan's ₹150 Cr Series B, CARS24's ₹190 Cr AI Labs bet, and Scripbox's MFD acquisition.

Ola Electric floats ₹1,500 Cr QIP at ₹37.74 floor as E2W sales rebound 8.4% MoM to 1.70 lakh units in May; market share slips to 9%.

Inc42 · Buzz · 6/2/2026, 2:31:51 AM · Ask about this →

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