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Ola Electric Mobility Aims to Raise $661 Million in IPO

December 22, 2023
Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric car market. The company plans to use the IPO proceeds to expand the manufacturing capacity of its electric vehicle cell factory and invest in research […]