Despite a month-on-month dip in sales, Ola Electric remains the market leader, while competitors like TVS and Bajaj Auto continue to close the gap
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Despite this recovery, the October figure still falls short of the company’s earlier market shares, which were 32 per cent in August, 39 per cent in July, and 49 per cent in June
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From surging consumer complaints to a public spat with Kunal Kamra and government intervention, Ola Electric's challenges highlight growing accountability issues
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The company will be eligible for incentives between 13 to 18 per cent under the PLI scheme for a maximum of five consecutive fiscal years
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This marks a 75 per cent increase over its post-IPO valuation of USD 4 billion
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Krutrim also announced a major expansion of its cloud services. The company launched over 50 new offerings on its cloud platform
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Ola Electric reported a consolidated revenue of Rs 2,782 crore for FY23, marking a significant 510 per cent annual growth, despite facing a loss of Rs 1,472 crore
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