CosmicTaco

Ola Electric Early Investors Reduce Stakes

CosmicTaco · 2025-08-07T14:01:44.845695+05:30

- Early investors Z47 and Tiger Global have cut their stakes in Ola Electric, with potential for more sales ahead. - Z47 sold less than 1% between April and June 2025, gaining an estimated Rs 155-187 crore. - The VC firm, historically investing Rs 107 crore, now holds 1.93% of the company, valued at Rs 350 crore. - The transaction aligns with Z47's plan to raise a new $300-400 million fund, the first after separating from Matrix Partners. - Ola Electric's market position slips as it reports losses, falling to third in e-scooter sales behind TVS and Bajaj. Source: [The Arc](https://www.thearcweb.com/article/early-backers-z47-tiger-global-cut-stake-in-ola-electric-63fUlsn52usiB2IG)

Early investors Z47 and Tiger Global have cut their stakes in Ola Electric, with potential for more sales ahead.
Z47 sold less than 1% between April and June 2025, gaining an estimated Rs 155-187 crore.
The VC firm, historically investing Rs 107 crore, now holds 1.93% of the company, valued at Rs 350 crore.
The transaction aligns with Z47's plan to raise a new $300-400 million fund, the first after separating from Matrix Partners.
Ola Electric's market position slips as it reports losses, falling to third in e-scooter sales behind TVS and Bajaj.

Source: The Arc