Ola Electric is looking to raise about US$1bn in its upcoming India IPO. In this note, we talk about our earnings forecast and valuations.
Boomeranged on Mon, 29 Jul 2024 12:06
Ola Electric has launched its IPO at a much more digestible valuation than what it was aiming for earlier. At the current valuations, it would be valued closer to the Auto peers rather than other tech firms. We will follow-up with more updates over the next few days.
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