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URL: https://www.cnbctv18.com/business/companies/exclusive-bhavish-aggarwal-says-i-dont-need-to-raise-money-in-an-ipo-16527921...
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      <div class="jsx-59b11f2621f02b83 qstn-txt">1. Chris Gayle and which other batter jointly hold the record of scoring 37 runs, the highest in one over in the history of the IPL?</div>
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homebusiness Newscompanies NewsExclusive | Bhavish Aggarwal says I don’t need to
raise money in an IPO


EXCLUSIVE | BHAVISH AGGARWAL SAYS I DON’T NEED TO RAISE MONEY IN AN IPO


1 Min(s) Read




BY SHEREEN BHAN   APR 28, 2023 4:59:02 PM IST (PUBLISHED)


BHAVISH AGGARWAL SAYS OLA RIDE SHARING BUSINESS IS LIKELY TO BE LISTED NEXT
YEAR. OLA WAS IPO READY FOR RIDE SHARING BUSINESS BUT PLAN DEFERRED DUE TO
RUSSIA UKRAINE WAR. "FINANCIALS ARE STRONG, DO NOT NEED TO RAISE MONEY VIA AN
IPO"


Bhavish Aggarwal, CEO of Ola Cabs in an interaction with CNBC-TV18 says "I don’t
need to raise money in an IPO". He says his business has cash flowing through
and hence the IPO was pushed. "My businesses are throwing up cash. Hence I
decided to delay it by at least a year or by the time the market settles down."
He adds that his investors are comfortable with the performance of his business
and hence Ola has not raised money on the ride-hailing side.


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123
Quiz

Test your IPL 2023 knowledge with our quiz
10 Questions
Start Quiz Now

Go Back
1. Chris Gayle and which other batter jointly hold the record of scoring 37
runs, the highest in one over in the history of the IPL?
AB de Villiers
Rinku Singh
Ravindra Jadeja
Pat Cummins
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