Future Tech

Two top executives exit SoftBank-backed ride sharing firm Ola ahead of IPO

Tan KW
Publish date: Tue, 19 Oct 2021, 07:24 PM
Tan KW
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Future Tech

BENGALURU - SoftBank-backed Indian ride-hailing firm Ola's Chief Financial Officer Swayam Saurabh and Chief Operating Officer Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters.

The departures come at a time when there have been reports on Ola's plans to raise up to $1 billion through an initial public offering in the next few months.

The company did not immediately respond to a Reuters request for comment.

 


  - Reuters

 

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