India’s Ola Cabs plans 0 mln IPO, to appoint banks soon | Reuters News Agency
0 1 min 3 mths


Reuters exclusively reported that Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion.

Market Impact

This is Ola’s second attempt at an IPO, after a 2021 plan to raise up to $1 billion was canned.

Article Tags

Topics of Interest: Deals

Type: Reuters Best

Sectors: Business & FinanceTransport & Logistics

Regions: Asia

Countries: India

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *