Wednesday, March 22, 2023

Ola Electric kicks off $250-300 million fundraise plan

The company is expecting an up round that may see it valued at $6.5-7 billion, based on the expectation of turning ebitda positive from FY24. ​​​That will make it the most valuable electric two-wheeler company in the country, even exceeding legacy peers such as Hero Motocorp and TVS Motor.

from Tech-Economic Times https://ift.tt/OGgPlMU
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IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

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