6 Things to Know About Ola Cabs IPO

Indian ride-hailing giant Ola Cabs plans a massive $500 million IPO, eyeing a $5 billion valuation.

Source: Livemint

Countdown to Filing!

Ola plans to submit IPO papers for SEBI approval within the next three months, aiming for market entry.

Source: Livemint

Banking on Success

Ola is finalizing talks with major banks like Citi, Goldman Sachs, and Bank of America to guide its IPO journey.

Source: Livemint

Second Time's a Charm

After a 2021 setback, Ola is making a bold second attempt to launch its IPO and raise $1 billion.

Source: Livemint

Change in Valuation

Once valued at $7 billion, Ola's internal valuation has been adjusted to $1.9 billion recently.

Source: Livemint

Focus on Electric Fleet

Ola Cabs is phasing out international operations to focus on expanding its electric vehicle fleet in India.

Source: Livemint

Future Roadmap

Ola aims to enhance travel experiences and become the leading mobility provider in India.

Source: Livemint