IPO heralds competition between Ather and Ola Electric
A month after Ola Electric went public, its larger but smaller rival Ather Energies also filed its draft prospectus (DRHP) for its initial public offering (IPO). Ather Energies was founded in 2013, and in the past few years, Ola Electric, which is four years younger, has surpassed it in sales. Before its IPO, Ola Electric