Latham Advises on Ola Electric’s US$81 Million Qualified Institutions Placement

Latham & Watkins has advised the book‑running lead manager, Motilal Oswal, on the US$81 million follow‑on equity offering by Ola Electric, one of India’s leading manufacturers of electric vehicles (EVs).

Latham also previously advised Ola Electric on its US$730 million IPO in August 2024.

The Latham team was led by Singapore corporate partner Rajiv Gupta, with associates Sirada Chayabunjonglerd, Margarita del Rosario, Jay Watanatornpitak, and Nathanael Po.

ABOUT OLA ELECTRIC

Ola Electric is an EV company building toward a brighter, safer, and greener future, and making India the world’s EV hub by creating an ecosystem with products, services, and technology that will define the next frontier of innovation.

ABOUT LATHAM’S INDIA PRACTICE

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practices among international law firms. The multi‑award‑winning practice comprises more than 50 lawyers globally, and the team has advised on India‑related matters with a combined value in excess of US$100 billion since 2018.