Ola Electric converts to public entity ahead of IPO

The Bhavish Aggarwal-led Ola Electric has converted to a public company ahead of an imminent public listing. Ola Electric Mobility Pvt., the pure-play electric vehicle manufacturing arm of ride-hailing giant Ola, converted to Ola Electric Mobility Ltd., according to filings with the Registrar of Companies, Bengaluru, on Friday.