Entrepreneur News Network

Ola Electric Secures BIS Certification for Domestically Developed 46100 LFP Battery Cell

Ola Electric CEO Bhavish Aggarwal

The certification was granted under IS 16046 (Part 2):2018 / IEC 62133-2:2017, according to an announcement made by the company on June 23, 2026. Ola Electric stated that this is the first BIS certification awarded to an Indian company for an indigenously developed battery cell in the 46100 format, highlighting the company’s growing capabilities in … Read more

Simple Energy Raises $26.3 Million, Plans FY28 IPO

Suhas Rajkumar, Shreshth Mishra, and Ankit Gupta, co-founders, Simple Energy

Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more