Ola’s IPO Plans Gain Momentum as Electric Scooters Thrive in India, Set to Launch Electric Car in 2024
Ola Electric Mobility is poised for an early initial public offering (IPO), surpassing its founder’s expectations. The Indian startup has experienced rapid growth since it entered the electric scooter market in late 2021. In an interview, Founder and CEO Bhavish Aggarwal revealed that he initially anticipated it would take four to six years of revenue …