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Monday, August 30, 2021

Ride-Hailing Firm Ola Said to Pick Banks for $1 Billion IPO - BloombergQuint

The company, backed by SoftBank Group Corp. and Tiger Global Management, has also picked Morgan Stanley for the listing, said the people, who asked not to be named as the information is private. The Bangalore-based startup could seek a valuation of more than $8 billion in the IPO and could lodge a filing as soon as October, one of the people said.

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Ride-Hailing Firm Ola Said to Pick Banks for $1 Billion IPO - BloombergQuint
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Govt’s fiscal consolidation plan to aid private sector, boost capex revival - Moneycontrol

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