'Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak'
Thursday, 25 May 2023
Ola Electric, an electric scooter producer and backed by investors including SoftBank and Tiger Global Management, plans to launch an initial public offering (IPO) and list on a stock market by the end of 2023. The firm, which reportedly sold around 30,000 EV scooters in April, is India's current market leader in the EV scooter space.
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