Last Updated : May 26, 2023 / 06:17 AM IST
Moneycontrol Daily: Your Essential 7
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Ola Electric taps Kotak, Goldman Sachs for IPO, likely to hit market in early 2024
Ola Electric has engaged investment banks Kotak Mahindra Capital and Goldman Sachs for an initial public offering (IPO) in early 2024. The electric mobility startup aims to go public before the government subsidies for electric vehicles are discontinued. This makes Ola Electric one of the few venture capital-backed companies to enter IPO discussions within a six-month timeframe. Read more here.