Bhavish Aggarwal Clears Debts with Strategic Share Sale
Published on: Dec. 16, 2025, 7:13 p.m. | Source: Devdiscourse
Bhavish Aggarwal, founder of Ola Electric, sold part of his personal shares to release promoter-level pledges amounting to Rs 260 crore. The move restores 3.93% pledged shares, reducing promoter group holding in Ola Electric to slightly over 34%. The transaction, unrelated to the company, supports AI startup Krutrim.
