Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion

Ola Electric

SoftBank-backed Ola Electric’s initial public offering will open for retail subscriptions on Aug. 2, the Indian electric scooter maker said on Saturday, valuing the company at $4.2 billion to $4.4 billion, according to two sources. According to the final IPO prospectus, the offering for retail subscriptions, which opens to institutional investors one day earlier on … Read more

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