Tag: Ola Electric valuation

Ola Electric IPO: Ola Electric valued at $4.4 billion in debut trade

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Ola Electric IPO: Ola Electric valued at .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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Ola Electric to launch IPO next week, valuation seen at around $4.4 billion

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Ola Electric to launch IPO next week, valuation seen at around .4 billion

Ola Electric’s S1 Air e-scooters are pictured inside its manufacturing facility in Pochampalli, Tamil Nadu. The company plans to launch its IPO next week. | Photo Credit: Reuters SoftBank-backed Ola Electric’s IPO will open for retail subscription on Aug. 2, the electric scooter maker said on July 27, 2024, a stock offering that according to…

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