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https://www.moneycontrol.com/news/business/ipo/ola-electric-to-file-drhp-with-sebi-by-dec-20-looks-to-raise-700-million-via-ipo-11887541.html
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The funds raised through the IPO are for the expansion of Ola Electric's EV business and the establishment of a lithium-ion cell manufacturing unit
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