‘Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak’

Ola Electric, an electric scooter producer and backed by investors including SoftBank and Tiger Global Management, plans to launch an initial public offering (IPO) and list on a stock market by the end of 2023. The firm, which reportedly sold around 30,000 EV scooters in April, is India’s current market leader in the EV scooter space.

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