24 Oct 2025 | 5 Mins Read
Ola Electric plans fresh funding at October 25 board meeting
Flipitmoney
Ola Electric is holding a board meeting to consider a funding proposal involving equity shares or other eligible securities, including private placement, QIP, or preferential issue. This comes a year after raising ₹5,500 crore via IPO. The company had stated in the first quarter shareholders' letter that it was well-funded. Ola Electric's stock has declined 40% from its IPO price of ₹76.