CosmicTaco

Ola Consumer Prepares for IPO, Transitions to Public Company

CosmicTaco · 2024-11-19T10:57:20.385234+05:30

* Ola Consumer, previously ANI Technologies Pvt Ltd, has transitioned into a public company, signaling its move towards an IPO. * The company, which expanded beyond ride-hailing to offer a range of consumer services, received approval from shareholders for the change. * This follows the rebranding of Ola Cabs to Ola Consumer earlier this year, as the company seeks to make ecommerce more accessible. Source: [Inc42](https://inc42.com/buzz/exclusive-ola-consumer-sets-the-ipo-ball-rolling-turns-into-a-public-company/)

Ola Consumer, previously ANI Technologies Pvt Ltd, has transitioned into a public company, signaling its move towards an IPO.
The company, which expanded beyond ride-hailing to offer a range of consumer services, received approval from shareholders for the change.
This follows the rebranding of Ola Cabs to Ola Consumer earlier this year, as the company seeks to make ecommerce more accessible.

Source: Inc42