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The proposed fundraise marks Ola Electric's first major equity move since its initial public offering (IPO) in August 2024, when it raised ₹5,500 crore. Electric two-wheeler maker Ola Electric has convened a board meeting on October 25 to evaluate a proposal to raise fresh capital through equity or other eligible securities, the company said in a stock exchange filing. The Bengaluru-based EV manufacturer said the board will consider raising funds through private placement, preferential issue, ...Read More >
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