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Ola Electric targets major capital raise as it files for ₹7,500 crore IPO
Ola Electric filed for a ₹7,500 crore IPO to expand EV manufacturing and infrastructure as investor interest in mobility electrification remains strong.
Ola Electric initiated the process for a ₹7,500 crore IPO, reflecting rising momentum in India’s EV sector despite margin pressures across two-wheeler manufacturers. The company aims to use proceeds to expand cell manufacturing, strengthen charging infrastructure, and scale domestic production.