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Z47 bids Ola Electric adieu; Meesho IPO over subscribed 79x
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Ola Electric lost one of its earliest backers during a period of turmoil, but there’s more to it. This and more in today’s ETtech Top 5.
Also in the letter:
■ Netflix checks WBD out
■ AI chip curbs
■ Big Brother 2.0
Early Bhavish Aggarwal backer Z47 fully exits Ola Electric with 7-10X returns
(L-R) Avnish Bajaj, founder, Z47; Bhavish Aggarwal, chairman, Ola Electric; and Tarun Davda, MD, Z47
Z47 (formerly Matrix Partners India), a key early backer of Bhavish Aggarwal’s ventures, has fully exited Ola Electric after offloading its remaining shares,…
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