Cab-hailing firm Ola gets a mark-up as IPO-bound Ola Electric slashes expected valuation

By TEAM VCC

  • 30 Jul 2024
Pro
Credit: VCCircle

The see-saw in the valuation of private equity-backed cab-hailing company Ola and electric scooter maker Ola Electric, which is floating its initial public offering (IPO) next week, is continuing, albeit in the reverse direction.  Ola Electric, which is now eyeing a valuation of $4 billion in the IPO as against the previous ......

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