Ola may have turned profitable, plans to list in India in two years
Ola’s domestic IPO plans come at a time when arch-rival Uber’s IPO and NYSE stock performance has been tepid
Ola posted a 44% rise in revenue to ₹1,860 cr in FY18 from ₹1,286 cr in FY17
Bengaluru: ANI Technologies Pvt. Ltd, the operator of ride-hailing service Ola, plans to go public in less than two years after meeting profitability goals required for such a listing in India, two people aware of the discussions said.