Dehradun News Today

Dehradunnews12 Oct, 2021News

Ola is one of the few companies in India that has taken the IPO route to raise funds. The furious IPO frenzy has created a record of sorts with 23 admissions seeking regulatory permission to launch an IPO in the first 20 days of August this month. Bloomberg reported that ride-sharing company Ola has selected Citigroup and Kotak Mahindra Bank to manage its initial public offering (IPO), which is expected to launch in October. Ola is expected to raise $1 billion through IPO.