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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
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.
Imagine a business that manages to reduce losses only because it has scaled back its operations. That’s Ola Electric’s Q2 2025-26 financial results for you.
The three months ended September saw operating revenues decline 43% year-over-year and 17% quarter-over-quarter, while reported losses moderated to Rs 418 crore.
Revenues plunged following a 47% YoY decline in two-wheeler delivery volumes, which marks a continuation of the rut that led to a 46% decline in Q1. The stock hit the lower circuit of a 5% crash after the announcement of the results.
Ola Electric is a business in serious decline that is now …
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
As Rapido and Uber pull ahead, falling traction and mounting financial stress leave Ola with few options.
Despite reducing total losses, the electric scooter maker is losing double the money for every rupee it earns. Collapsing sales, shrinking market share and mounting cash pressure expose its vulnerabilities.
