Ola Electric files to raise $662m in India IPO next year

Ola Electric files to raise $662m in India IPO next year

Photo: Ola Electric's LinkedIn page

SoftBank Group-backed Indian e-scooter maker Ola Electric on Friday filed to raise at least 55 billion rupees ($661.9 million) in an initial public offering (IPO) that is tipped to be one of the country’s biggest share sales next year.