News > Ola plans IPO in first half of 2022, readies 'super app'

Ola plans IPO in first half of 2022, readies 'super app'

02/12/2021 10:00 PM | Click to read full article

Ride-hailing company Ola plans to go public in the first half of 2022, chief executive officer Bhavish Aggarwal said on Thursday, undeterred by the recent volatility and lackluster listing of some startups in the country.

Ola, backed by Japan's SoftBank Group, is also gearing up to create something of a "super app" with plans to broaden its services beyond mobility to include personal finance and micro insurance, Aggarwal told the Reuters Next conference.

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