Uber’s Indian rival Ola is aiming for an IPO in 3-4 years
Ola,Uber’schief rival in India, is planning to go public potentially as soon as in three years time, according to its CEO.
Co-founder and chief executive officer Bhavish Aggarwal told the audience at an event in Bengaluru last week that seven-year-old Ola is poised to become a cash flow positive business — having recently hit operational profitability — and that’s a key driver towards a listing. That’s despite intense rumors of a tie-up with Uber following
Read more »