Ola Electric CEO Bhavish Aggarwal said in a press conference that the company is almost equivalent to automaker giant Maruti Suzuki, which is currently leading the car making industry in India, in terms of market share in the electric vehicle space. “We have already built that market position of us […]
Ola Electric IPO details
SoftBank-backed Ola Electric expected to set a valuation of approximately $4.5 billion for its upcoming initial public offering (IPO), which represents a decrease of about 16-20% compared to its valuation in the last funding round, according to Reuters report. In June, the Indian markets regulator greenlit Ola’s $660 million stock […]