As far as electric two-wheelers go, India’s Ola Electric is one of the fastest-growing companies in the business. Despite currently operating exclusively in India, the brand, through its visionary founder and CEO Bhavish Aggarwal, has made it clear that it has plans of penetrating the global market. What better way to do this than with an IPO?
Indeed, talks of Ola Electric going public have been circulating for months now, with reports stating that the company had intentions of achieving its first initial public offering before 2023 draws to a close. That being said, recently disclosed insider information suggests that the company could be much closer to achieving this. It’s reported that Ola Electric executives are requesting bankers to prioritize their timeline.