Ola Electric plans to raise funds through equity or convertible instruments to expand production, charging networks, and strengthen EV technology.

• The fundraising may include a public offer, rights issue, or QIP, pending shareholder and regulatory approvals.
• Funds will support new product launches, R&D, and charging infrastructure growth across India’s EV market.
• Promoters hold 36.78%, and the firm recently entered the Rs 1 lakh crore BESS market with “Ola Shakti.”