Bhavish Aggarwal, CEO of Indian ride-hailing service Ola, has said the company's goal is to "aim for an IPO in about three to four years", while also remaining a sustainable and profitable business. “The ambition for both me and [fellow co-founder] Speaking at the recent India Business Summit, Aggarwal said Ola was not concerned about competition from US rival Uber, and said that Indian consumers were not price-conscious but value-conscious. The company had raised $450 million through its initial public offering (IPO) last year, which saw it raise more than $1 billion by selling shares on the New York Stock Exchange.
Bhavish Aggarwal, CEO of Indian ride-hailing service Ola, has said the company's goal is to "aim for an IPO in about three to four years", while also remaining a sustainable and profitable business. Speaking at the recent India Business Summit, Aggarwal said Ola was not concerned about competition from US rival Uber, and said that Indian consumers were not price-conscious but value-conscious. The company had raised $450 million through its initial public offering (IPO) last year, which saw it raise more than $1 billion by selling shares on the New York Stock Exchange.