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Ola IPO: Big news has come regarding the IPO of Ola Electric Mobility Pvt. The company’s CEO Bhavish Aggarwal himself has indicated that the initial public offer of Ola Electric can be brought soon.
What the CEO of Ola Electric said
In an interview given to Bloomberg, Ola Electric Mobility’s founder and chief executive officer (CEO) Bhavish Agarwal said that ‘earlier he felt that it would take him 4 to 6 years to bring a public issue but now he believes that this company The time to bring the IPO may be earlier. Good growth and development of the company has been seen even before their thought time and due to this they are getting ready to bring Ola Electric’s IPO ahead of time. The market response is very good for Ola Electric and this can be considered as the main reason for bringing the IPO of the company."
What’s the CEO’s plan
Bhavish Agarwal plans to 2023 and a battery powered car should be launched in the year 2024. Although its time may change according to the company’s plan.
Good sales figures for Ola Electric
Ola Electric is backed by big firms such as SoftBank Group Corp and Tiger Global Management. This company, which once made a new entry in the EV segment, has today acquired more than 38 percent market share of the EV scooter market. It has sold around 239,000 electric scooters since December 2021. According to the data released by the Society of Manufacturing of Electric Vehicles, this is known.
The company also plans to export
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