India's Ola Electric to launch IPO next week, valuation seen at around $4.4 bln
NEW DELHI - SoftBank-backed Ola Electric's IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the company between $4.2 billion to $4.4 billion.
Ola's expected valuation is about 18.5% to 22% lower than in its last funding round in September, which was led by Singapore's investment firm Temasek and valued the country's largest e-scooter maker at $5.4 billion.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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