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Ola Electric To Divert ₹475 Cr IPO Proceeds From R&D To Debt Repayment
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Ola Electric To Divert ₹475 Cr IPO Proceeds From R&D To Debt Repayment

Home/Startups/Ola Electric To Divert ₹475 Cr IPO Proceeds From R&D To Debt Repayment

Troubled EV major Ola Electric’s board has proposed yet another change to the utilisation of its ₹5,500 Cr IPO proceeds.…

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Lokesh Choudhary

📅 Mar 19, 2026·⏱ 1 min read·Inc42 ↗
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Inc42

https://inc42.com/buzz/ola-electric-to-divert-%e2%82%b9475-cr-ipo-proceeds-from-rd-to-debt-repayment/
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Ola Electric’s Cash Clock Is TickingTroubled EV major Ola Electric’s board has proposed yet another change to the utilisation of its ₹5,500 Cr IPO proceeds.…
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