Sunday, March 16, 2025

Ola Electric’s subsidiary faces insolvency plea over payment dispute

Rosmerta Digital Services filed an insolvency plea against Ola Electric Technologies over alleged payment defaults. Ola Electric disputes the claims and plans legal action while restructuring contracts, managing layoffs, and targeting Ebitda profitability next quarter.

from Tech-Economic Times https://ift.tt/jSWCeXu

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...