Ola reports its first-ever operating profit of Rs 90 crore in FY21 ahead of potential IPO

Ola, the ride-hailing startup, has reported its first operating profit of Rs 89.82 crore for FY2020-21, despite revenue falling 66 percent to Rs 689.61 crore because of Covid-19-induced lockdowns. You might also like Silicon Megadeal Samsung Lands Landmark $200 Billion AI Chip Contract with Broadcom The Pentagon’s $7 Billion Lifeline Can Defense Cash Stop the … Continue reading Ola reports its first-ever operating profit of Rs 90 crore in FY21 ahead of potential IPO