Softbank-backed ride-sharing company Ola readies for up to US$1 billion India IPO -sources

📆 30/08/2021 13:15:00
📰 ChannelNewsAsia

⏱ Reading Time:
10 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW DELHI/HONG KONG : Indian ride-sharing giant Ola plans to raise up to US$1 billion through an initial public offering (IPO) and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the latest startup to join the capital markets boom. Ola, backed by Japan's Softbank Grou

NEW DELHI/HONG KONG : Indian ride-sharing giant Ola plans to raise up to US$1 billion through an initial public offering and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the latest startup to join the capital markets boom.

The company, which competes with Uber Technologies, is also in talks with Bank of America and JP Morgan, one of the people said.Bank of America, Citi and Morgan Stanley declined to comment.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

India attracts US$22.5 billion in foreign direct investment in April to June 2021: GovernmentNEW DELHI: India attracted foreign direct investment (FDI) inflows of US$22.53 billion during the first three months of the fiscal year starting on Apr 1, 90 per cent higher than the April-June period last year, the government said on Saturday (Aug 28). India\u0027s automobile industry accounted for 27 per
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »