Ola Electric Files for ₹7,500 Crore IPO Amid Growing EV Demand

Ola Electric has filed for an initial public offering (IPO) to raise ₹7,500 crore, capitalizing on the increasing demand for electric vehicles in India. The company plans to use the funds to expand its manufacturing capacity and invest in R&D for new EV technologies. The IPO is expected to attract significant interest from both institutional and retail investors, bolstered by the Indian government’s push for greener energy solutions.