Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).
Ashish Vaishnav | Sopa Images | Lightrocket | Getty Images
Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion.
Ola Electric priced its shares at 76 rupees (91 cents) raising the company more than $730…