Ola Electric aims for 2023-end IPO, hires Goldman, Kotak: Report

Electric scooter maker Ola Electric is planning a stock market listing by 2023-end and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, Reuters cited a source as saying. Backed by investors such as SoftBank Group and Tiger Global Management, Ola Electric was valued at $5 billion in its last fundraise in 2022.