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Bhavish Aggarwal-led electric vehicle maker Ola Electric is reportedly looking to launch its widely anticipated initial public offering (IPO) as early as in the first fortnight of August

The SoftBank-backed company is looking to raise around $740 Mn via a combination of a fresh issue and an offer for sale.

Just over a week ago, Inc42 reported that the startup is likely to be valued at around $4.5 Bn for its upcoming IPO, a decline of 16-20% from its last funding round.
 

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