Ride-hailing major Ola Consumer is reportedly fast-tracking its plans for an initial public offering (IPO).
The company has sought investor approval to become a public entity and is finalizing the selection of bankers to handle the IPO.
Founder and CEO Bhavish Aggarwal will continue to lead Ola Consumer's operations.
In the first quarter of FY25, Ola Consumer recorded a gross order value of INR 3,000 Cr, with the core mobility vertical contributing 77% to the revenue.