In Short : Lohum is set to invest ₹500 crore in a rare earth refining hub to enhance India’s critical minerals ecosystem. The company plans a $100 million fundraise and an IPO by 2027 to support growth. The project aims to strengthen domestic processing, reduce reliance on imports, and position Lohum as a key player in India’s […]
Ola Progresses with IPO Plans as Electric Scooters Gain Popularity in India – EQ Mag
Driven by the stupendous demand for electric scooters, Ola Electric Mobility Pvt managed to leapfrog its progress and is now in line for an initial public offering sooner than its founder previously imagined. The Indian startup firm began selling electric scooters in late 2021. On company’s IPO plans CEO of Ola Electrics, Bhavish Aggarwal, said […]
Ola Electric to kick off investor meet on IPO plans – EQ Mag
MUMBAI : India’s Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed […]
