According to insiders, Ola intends to initiate the IPO process by filing requisite papers with the country's market regulator within the next three months. While the sources opted for anonymity due to the confidentiality of the matter, they revealed Ola's ambitious plans to attain a company valuation of approximately USD 5 billion through this offering., Companies News - Times Now
Ola CEO Bhavish Aggarwal took to Twitter to announce the upcoming service and highlight its benefits, including access to the best drivers, top-notch cars, and a hassle-free experience without cancellations or operational issues
"Ola, Uber cabs will not ply on the roads today... A call on the future course of action will taken after the protest in the evening,” Rathore told PTI.