Ola Electric Mobility has launched a qualified institutional placement (QIP) with a floor price set at ₹37.74 per share, as disclosed in a recent stock exchange filing. The fundraising initiative comes as the company faces challenges, including declining sales and a shrinking market share in the electric two-wheeler sector. Ola reported a consolidated net loss of ₹500 crore for the fourth quarter of FY26, significantly improved from a loss of ₹870 crore in the same quarter the previous year. Despite these losses, the company is optimistic about its future, projecting revenues of ₹500-550 crore for Q1 FY27, nearly doubling from the previous quarter. Ola's recent investment of ₹2,000 crore in its subsidiaries aims to bolster its electric vehicle and battery manufacturing capabilities. However, analysts from Citi have expressed concerns regarding the company's market position, leading to an 18% reduction in the stock's target price. Ola's shares closed at ₹39.53, reflecting a 4.91% decline from the previous trading session.