FILE PHOTO: A policeman drinks tea in front of Ola’s office in Mumbai, India October 29, 2018. REUTERS/Francis Mascarenhas
October 19, 2021
BENGALURU (Reuters) – SoftBank-backed Indian ride-hailing firm Ola’s Chief Financial Officer Swayam Saurabh and Chief Operating Officer Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters.
The departures come at a time when there have been reports on Ola’s plans to raise up to $1 billion through an initial public offering in the next few months.
The company did not immediately respond to a Reuters request for comment.
(Reporting by Chandini Monappa and Vishwadha Chander in Bengaluru; Editing by Shounak Dasgupta)
Source: One America News Network
