Ola Electric Mobility has raised Rs 780 crore through a qualified institutional placement (QIP) that was oversubscribed 56%, driven by strong participation from domestic and global institutional investors, stock exchange data showed on Thursday.The issue received bids worth about Rs 780 crore, with demand from long-only investors, including global names such as Goldman Sachs and BNP Climate Fund, alongside Indian mutual funds such as Motilal Oswal Mutual Fund, Mirae Asset Mutual Fund, Kotak Mahindra Mutual Fund, JM Financial Mutual Fund, and Baroda BNP Paribas Mutual Fund. The strong response came despite the volatile equity markets. This signals continued institutional confidence in Ola Electric’s growth strategy, technology roadmap and positioning within India’s electric vehicle sector.The QIP was launched at an indicative…
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Source & Further Reading
This news report was originally published by YourStory on Fri, 05 Jun 2026.
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