Nandan Mandayam
Stories by Nandan Mandayam
IPO-bound Indian e-scooter maker Ather’s valuation set to fall 44%
The Indian e-scooter maker plans to list at a valuation of up to $1.4b.
Indian electric two wheeler-maker Ather Energy cuts IPO size
Existing shareholders will offload 11.1 million shares, down from 22 million shares earlier.
India’s Carlyle-backed Hexaware valued at $5b in solid debut
Carlyle, which bought Hexaware in 2021, sold about 21% stake in the IPO.
Indian startup ePlane inks $1b deal to supply air ambulances to ICATT
ePlane has raised $20m so far from investors.
Institutional buyers haul Hexaware’s India IPO over the line as market bleeds
Top shareholder Carlyle is selling about 21% of its stake in the company.
SoftBank-backed Indian two-wheeler maker Ola Electric’s quarterly loss widens
The losses widened due to heavy discounts the firm offered to fend off rising competition.
Ola joins Uber, denies phone model-based pricing in India
Ola and Uber received notices from an Indian government consumer body on Thursday.
VinFast to enter India with premium electric SUV to take on rivals
VinFast said last year it would invest $500 million in India over five years
India’s Ola Electric’s Q2 loss narrows, says most service issues ‘minor’
Ola Electric's shares have fallen 5.5% since listing on Aug. 9.
Ola Electric loses its way as Indian e-scooter battle intensifies
It recorded a month-on-month decline for the second consecutive month.
