SoftBank-Backed Ola Says IPO on Horizon in 1 to 2 Years

Mar.18 -- Bhavish Aggarwal, chairman and group chief executive officer of Ola, one of India’s largest startups, discusses his strategy. The ride-hailing service provider is backed by Japanese conglomerate SoftBank Group Corp. If all goes according to plan, his Ola Electric Mobility Pvt hopes to make 10 million electric scooters annually by the summer of 2022 at a plant on Bangalore’s outskirts. That would be 15% of the world’s e-scooters. Aggarwal speaks with Haslinda Amin and Rishaad Salamat during the "India Focus" segment on "Bloomberg Markets: Asia."