India's Ola Cabs plans $500 mln IPO, to appoint banks soon

Deals

Reuters exclusively reported^[1] 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

Read more https://www.reutersagency.com/en/reutersbest/article/indias-ola-cabs-plans-500-mln-ipo-to-appoint-banks-soon/