Ola Electric Board Approves Fresh ₹1,500 Cr Fundraise After ₹780 Cr QIP

Listed EV maker Ola Electric’s board has approved a fresh fundraise of up to ₹1,500 Cr, three months after the company raised ₹780 Cr through a QIP. In an exchange filing, the Bhavish Aggarwal-led company said it plans to raise the capital by issuing equity shares and/or securities convertible into or exchangeable for equity shares. The fundraise may be undertaken through one or more routes, including a further public offer, rights issue, QIP, private placement, or the issuance of instruments su