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Ola Electric raises $200 mn funding, valuation touches $3 bn
Ola said that through the injection of new funds, it will accelerate the development of other automotive platforms, such as electric motorcycles, mass market scooters and electric cars. After Ola Electric announced on Thursday that it had raised funds, its valuation reached US$3 billion (approximately Rs 22,272 crore). More than US$200 million (approximately Rs 14.847 billion) from Falcon Edge, SoftBank and other companies. Ola said that through the injection of new funds, it will accelerate the development of other vehicle platforms, such as electric motorcycles, mass market scooters and electric cars. In July, Ola Electric announced the signing of a USD 100 million (approximately Rs 7,445 crore) 10-year debt financing agreement with Bank of Baroda. In the past, Ola Electric has raised funds from investors including Tiger Global and Matrix India. Last month, Ola stated that its S1 electric scooter sales exceeded 11 billion rupees in 2 days. It added that the funding will strengthen Ola’s “electric mission,” which urges the industry and consumers to commit to electric and ensures that gasoline two-wheelers will no longer be sold in India after 2025. At the same time, Meesho said that according to a report by PTI, it has raised $570 million in funding, led by Fidelity Management and Research and B Capital Group.
News Source : The Indian Express
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According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”
%20(1).jpg "According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”")
Kangana Ranaut has denied speculations about joining politics solely due to the box office failure of her films.
Kangana Ranaut, the BJP’s Lok Sabha candidate from Mandi for the 2024 elections, expressed gratitude towards Prime Minister Narendra Modi for her political entrance. In an interview with Times Now, she questioned whether she joined politics due to her movies’ poor box office performance, comparing it to Shah Rukh Khan’s previous unsuccessful films.
Reacting to her films’ box office failure, Kangana Ranaut
Kangana responded to a question about her career, stating that she has never had a flop. She compared Shah Rukh Khan’s films to Pathaan, Queen, and Manikarnika, noting that if she had a flop in Emergency, it would be a big hit. Kangana compared her career to Shah Rukh Khan, who had consecutive flops for ten years. She also mentioned that she had not had a single hit for 7-8 years before Queen, but after that, she had a few good movies.
No stars from OTT?
The last generation of stars, known for their talent and demand, are now able to showcase their talents more through OTT. However, the author expresses a desire to involve themselves more with the real world, rather than being consumed by the arts, stating that they are not satisfied with the current status quo.
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Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
.jpg "On his birthday, Kajol presents an unseen side of husband Ajay Devgn. Look at what she posted.")
On his birthday, Kajol presents an unseen side of husband Ajay Devgn. Look at what she posted.
Why Vijay Deverakonda won’t collaborate with a first-time filmmaker is revealed: “I need them to be prepared to take advantage of me.”
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