ReferIndia News Ola Electric Shuffles IPO Proceeds Again, ₹575 Cr Diverted from R&D

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Ola Electric Shuffles IPO Proceeds Again, ₹575 Cr Diverted from R&D

Published on: March 19, 2026, 7:37 p.m. | Source: Outlook Business

Ola Electric reallocates ₹575 crore from its IPO proceeds, reducing R&D funding to bolster its balance sheet and increase debt repayment. Discover the strategic shift in capital allocation amid financial challenges.

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