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Ola’s IPO gamble: can it revive a fading business?
short by / on Tuesday, 18 February, 2025
Ola Consumer, once a ride-hailing giant, is now a sprawling entity eyeing an IPO. CEO Bhavish Aggarwal's bold expansion into AI, finance, and delivery services aims to offset declining cab revenues. But with $4 billion already invested, will existing backers stay on board, and can public investors be convinced? The IPO's success hinges on these critical questions.
read more at The Core