Ola investors see bets shrink as EV, cabs lose ground

ANI Technologies is also part of Ola Electric’s promoter group and held a 3.47 per centstake in the company as of June 30, according to its shareholding filing with the BSE. The erosion in value comes as Ola Electric seeks fresh capital amid competition from TVS Motor, Bajaj Auto and Ather Energy.
http://dlvr.it/TVlrv7