Ola electric’s move marks a milestone as it aims to raise Rs 5,500 crore in a landmark IPO, drafts papers and presents key risk factors to potential investors to SEBI. This move sets the stage for the first-ever public listing by an Indian EV firm, disrupting the market and fueling the EV revolution. The proposed […]
Ola Electric, an electric vehicle (EV) manufacturer in the space of electric scooters, is preparing for an initial public offering (IPO). This marks the first IPO by an Indian automaker in over two decades since Maruti Suzuki in 2003 and is slated for conclusion in the fiscal year 2024. With a target to secure between […]
Ola Electric, led by Bhavish Aggarwal, has transitioned into a public company in preparation for an upcoming public listing, according to media reports. The transformation from Ola Electric Mobility to Ola Electric Mobility was officially documented in filings with the Registrar of Companies, Bengaluru. The company, a prominent player in electric vehicle manufacturing, is set […]
India’s Ola Electric plans to file regulatory papers for its up to USD 700 million IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore’s Temasek and Japan’s SoftBank, Ola Electric was valued at USD 5.4 billion in a recent […]
Bhavish Aggarwal, Founder and CEO of Ola Electric Mobility said that the company is in line for an initial public offering (IPO) sooner than he imagined. The Indian startup began selling electric scooters in late 2021 and has emerged as the leader in India’s electric-scooter market with a 38 per cent share. Ola, backed by […]
