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Softbank-Backed Ola Unveils First Operating Profit Ahead Of Potential IPO

Ola plans to raise up to $1 billion through an IPO in the next few months.
Ola plans to raise up to $1 billion through an IPO in the next few months.
New Delhi: Indian ride-hailing company Ola, backed by Japan's Softbank Group, has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed on Tuesday.
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