Ola Electric's Listing Marks a Milestone for Bhavish Aggarwal
Bhavish Aggarwal, the founder of Ola Electric Mobility, expressed his elation and sense of responsibility following the company's listing on the stock market on August 9th. This listing not only marked a significant milestone for Ola Electric but also propelled Aggarwal into the prestigious billionaire's club.
In a heartfelt post on X (formerly Twitter), Aggarwal acknowledged the tireless efforts of his team and the recognition Ola Electric has received as one of the largest EV 2W markets in India. He emphasized that this achievement is not just a culmination of hard work but also the beginning of a new chapter filled with even greater aspirations.
"It felt like a process till yesterday - where we did our work and put in our time and made India one of the largest EV 2W markets. Our hard work has paid off and the world recognizes that," Aggarwal wrote.
However, Aggarwal also recognized the immense responsibility that comes with this success. He pledged to "double down on our aspirations and to build the country of our dreams" and to be "dedicated and faithful custodians of public money and faith."
Despite a flat listing, Ola Electric Mobility managed to raise a substantial amount of Rs 6,145.56 crore through the IPO. This success further cements Ola Electric's position as a major player in the Indian electric vehicle market.
The Indian billionaire list continues to be dominated by Mukesh Ambani and Gautam Adani, who also hold prominent positions among the world's wealthiest individuals. Other notable Indian billionaires include Mahendra Choksi & family, Rakesh Gangwal, Benu Bangur, Samir Mehta, and Sudhir Mehta.
As Ola Electric embarks on this new journey, Bhavish Aggarwal's leadership and vision will be crucial in navigating the challenges and opportunities that lie ahead. The company's commitment to innovation and sustainability holds immense promise for the future of electric mobility in India.