Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024

Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024

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. “I thought it would take me four to six years of revenue to go public,” Founder…