Electric vehicles’ Activa moment is here, finally

It takes a lot of time for things to change in India. Sometimes more than 13 years.

27 July, 202113 min
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Electric vehicles’ Activa moment is here, finally

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From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.

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Ola Electric’s cash position looks worrying

Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.

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Bhavish Aggarwal’s raise-and-repeat playbook

Aggarwal’s floundering venture is back in the market for funds, barely months after a hefty debt raise. Time for Ola Electric’s board to finally stir from its sleep.