Hints and tips:
...The slate of anticipated deals includes Ola Electric — expected to be among the largest Indian IPOs of the past two years — as well as fintech group MobiKwik....
...Ola has previously said it plans to add 10,000 EVs to its ride-sharing fleet, though it has not started....
...Ola is also expanding into manufacturing electric scooters and expects to begin delivery of its S1 model this month....
...After Paytm, a number of other companies are expected to list in the coming months including SoftBank-backed hotel group Oyo and ride-sharing company Ola....
...Fellow SoftBank portfolio company Ola, a ride-sharing group, also plans to file a prospectus in the coming months....
...“In a way, this is India’s moment of coming on to the global stage,” Bhavish Aggarwal, Ola’s chief executive, says. “You’ll see a lot of value creation coming from India.”...
...Chinese tech groups Alibaba and Tencent have stakes in many of India’s biggest start-ups, including payments platform Paytm and ride-sharing platform Ola....
...Additional reporting by Benjamin Parkin in New Delhi...
...Tencent has backed car-hailing app Ola, food delivery start-up Swiggy, and Byju’s, an education start-up, while Alibaba is a large investor in Paytm, a fintech company, and Swiggy competitor Zomato....
...Paytm says 300 apps are already participating — including Domino’s Pizza and Ola Cabs — and that 5,000 more are coming....
...Jonathon Heyward was the conductor, Ola Ince the director....
...Tencent has backed car-hailing app Ola and Byju’s, an education start-up....
...Other start-ups have had more difficulty: because they were not deemed to offer essential services, Uber and homegrown ride-sharing rival Ola have had to suspend regular operations around the country....
...Alibaba has invested in payments group Paytm and food-delivery service Zomato, while fellow Chinese internet giant Tencent has backed car-hailing app Ola and Byju’s, an education start-up....
...Ola Electric, a division of ride-sharing company Ola, was valued at more than $1bn last month after raising $250m from tech investment group SoftBank....
...China’s Tencent has invested in companies including ride-sharing platform Ola, Uber’s main competitor in India, while Tencent and Alibaba have bet on food delivery platforms Swiggy and Zomato, respectively...
...Ola Fajemirokun is a UK-based Nigerian medical graduate, specialising in obstetrics and gynaecology....
...Benjamin Akande, the dean of the School of Business and Technology at Webster University in St. Louis, Missouri, left Nigeria to study in the US in 1979....
...Olga Antonovskaya, London Peter Marsh: Benjamin Steinbruch, the chief executive and main owner of CSN, must be thinking about this long and hard....
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