Wanted to price IPO attractively to reach wider investor base: Bhavish Aggarwal, CEO, Ola Electric

As Ola Electric's IPO opens on August 2 for retail subscription, founder & chief executive officer Bhavish Aggarwal spoke to ET about the IPO valuation, the EV industry's dependency on the FAME subsidy, and the competition from legacy players in the automotive space. Edited excerpts: