Ola Electric Ipo

Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) 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 $5.4 billion (roughly...

Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...

Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.

Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...

Ola has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed.

Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) 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 $5.4 billion (roughly...

Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021.

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...

Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.

Ola's Bhavish Aggarwal wants his company Ola Electric Mobility to displace Elon Musk’s Tesla and China’s BYD as the industry leader for electric vehicles by carving out a niche in lower cost designs in India. Aggarwal told Bloomberg he wants to build companies with lasting impact, even if that means rubbing some people the wrong way. He said In...

Ola has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed.