Ola Electric IPO: Ola Electric IPO pricing likely at about 25% lower than private valuation of $5.4 billion: sources

Ola Electric IPO: Ola Electric IPO pricing likely at about 25% lower than private valuation of .4 billion: sources

Ola Electric is expected to launch its public offering for subscription in the next few weeks at a discounted valuation of around $4 billion, a decrease of about a fourth from its last private funding round, multiple people aware of the details said. In September 2023, Ola Electric had snagged a value of $5.4 billion … Read more