Ola Electric IPO: Navigating the Risks in the Buzzing Electric Scooter Market
Introduction: Ola Electric’s Bold Move into the IPO Arena In a groundbreaking move, Ola Electric, backed by SoftBank Group, has set the stage for India’s first-ever initial public offering (IPO) in the electric vehicle (EV) sector. The draft papers submitted to the Securities and Exchange Board of India (SEBI) on December 22 have unveiled ambitious…