India’s Ola Cabs plans $500 million IPO
- 20-Apr-2024
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, three sources with direct knowledge of the matter told Reuters on Friday. SoftBank-backed Ola is India’s answer to Uber and plans to file papers for approval with the country’s market regulator […]