HomeStartupsOla Electric secures Sebi nod for Rs 5,500-crore IPO

Ola Electric secures Sebi nod for Rs 5,500-crore IPO

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By Dark Descent
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Ola Electric has received approval from Sebi for the first EV startup IPO in India. This would be among the biggest new-age IPO in India this year. Swiggy and FirstCry have also filed their draft IPO paper and awaiting regulatory clearance. The Bengaluru-based company is eyeing a $6-billion valuation through the public offering.

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