Ola raises $500 million loan from international institutional investors

Ola, which has a majority share of India's ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billion through an initial public offering. Earlier this month, Ola Chief Executive Officer Bhavish Aggarwal said the company planned to go public in the first half of 2022.

from Auto-Industry-Economic Times https://ift.tt/3GTgfYJ