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Z47 Exits EV Maker Ola Electric

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SUMMARY

Z47 held 1.93% stake, via Matrix Partners India Investments of the Bhavish Aggarwal-led EV maker at the end of June quarter

Z47 is likely to make more secondary stake sales from its India portfolio, which includes names like Razorpay, OfBusiness, and Practo  

The company reported a 15% decline in its net loss to INR 418 Cr in Q2 FY26 from INR 495 Cr in the same quarter last year

Z47 (erstwhile Matrix Partners) has completely exited listed EV company Ola Electric. The…

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