<ul><li>Ola Electric founder and chief executive Bhavish Aggarwal tops up collateral with INR 20 Cr ($2.3 Mn) due to a sustained decline in share price.</li><li>Aggarwal raised INR 250 Cr for his third unicorn Krutrim by pledging Ola Electric shares and has been adding more collateral as shares dipped below INR 50 apiece.</li><li>Aggarwal pledged about 8% of his 30% stake in Ola Electric to raise debt for Krutrim, backed by Ola Electric shares.</li><li>Ola Electric stock has skidded 35% since listing, with the consolidated net loss deepening to INR 870 Cr in Q4 FY25.</li></ul>

Bhavish Aggarwal Tops Up Collateral With INR 20 Cr As Ola Electric Stock Skids

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