Ola Electric on Thursday said it has raised over USD 200 million (about Rs 1,484.7 crore) in funding from Falcon Edge, SoftBank and others, valuing the electric vehicle maker at USD 3 billion (about Rs 22,272 crore). The headline index has surged over 3 percent this month, but this is nothing compared to that of a stock owned by ace investor Rakesh Jhunjhunwala. It is up 45 percent this month. For all these stories and everything in between, here are some top news of the day
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BUSINESS/ECONOMY
Ola Electric raises over $200 mn funding, valuation touches $3 bn
Ola Electric on Thursday said it has raised over USD 200 million (about Rs 1,484.7 crore) in funding from Falcon Edge, SoftBank and others, valuing the electric vehicle maker at USD 3 billion (about Rs 22,272 crore).