SoftBank-Backed Ride-Hailing Firm Ola Plans to Raise $1 Billion in India IPO - NewsBreak

Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. News of the IPO was earlier reported by Bloomberg and Reuters. Both organizations cited unnamed sources. Ola declined to comment for this report. Reuters said...