Hailed as the primary market investor who knows the most about the capital market , despite its relative obscurity in China, PAC stands out globally with its unique capital market-driven thesis.
In 2019, Ola had said it would go public by March 2021. However, the pandemic has derailed its plans and it’s currently focusing on building its electric vehicle fleet.
Taking a cue from the Thrasio-model, a bunch of local startups like 10Club, Upscalio, and Mensa, are buying digital brands to become the online version of P&G or Unilever in the country.