Ola Electric IPO: Ola Electric valued at $4.4 billion in debut trade
With a 39% market share, Ola Electric dominates sales of electric scooters in India, after launching its first model just three years ago. | Photo Credit: Reuters SoftBank-backed Ola Electric Mobility’s shares rose 10% in their trading debut on Friday (August 9, 2024), valuing the company at ₹369.45 billion ($4.40 billion) after the first stock…
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