Ride-hailing company Ola Cabs plans to go in for an IPO in the next three years.
Bhavish Aggarwal, CEO and co-founder of Ola Cabs, told BusinessLine that though the details of the IPO have not been decided yet, the company plans to help the Indian public gain from the wealth created by the Indian unicorn.
He said driver-partners will also benefit from the IPO. He also did not rule out the possibility of raising more funds before the IPO. The company plans to start operations in other countries. It has already launched services in Australia.
Aggarwal said Ola will abide by the directives of the Competition Commission of India, and ruled out a merger with its prime rival, Uber.
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