Ola electric | Bhavish Aggarwal vs Kunal Kamra | What is going wrong at Ola Electric? That's the question Ola's customers, investors, and even comedians are asking. Livemint's Alisha Sachdev brings you a comprehensive analysis of what's wrong with Ola Electric! Ola Electric and its founder Bhavish Aggarwal have battled serious controversies during the company's relatively short history, the latest being a spat on X with comedian Kunal Kamra. But behind the viral spat, is the fact that things ARE going downhill at the company. The company that dominated with nearly 50% market share in April 2024 has now seen its share plummet to a precarious 27% by September. Now, things may have come to a head for founder Bhavish Aggarwal now, the man who promised to lead India into the electric age. Watch to know more
8 Oct 2024Ola founder Bhavish Aggarwal has just made the hattrick of all hattricks - his AI startup, Krutrim, has just become India's first AI unicorn. Not only that, the company claims that this is also India's fastest unicorn! Here's what Krutrim is all about - watch
26 Jan 2024Ola Futurefactory is being built in Tamil Nadu with a ₹2,400 crore investment Once completed, the facility will produce 10 million units of Ola Scooter annually
1 min read5 Aug 2021Demand for airport transfers and office commute has aided recovery for Ola’s core cab sharing segment, especially in Mumbai, where 80% of the demand has returned when compared to pre-covid levels, the CEO and co-founder Bhavish Aggarwal says
2 min read22 Sep 2020They were speaking at Bengaluru Tech Summit at a panel discussion titled ‘How Bengaluru has influenced and helped founders achieve the unicorn status’ Big Basket's Hari Menon pointed out that there is 'tremendous amount of early adoption' in the city, which helps fine tune products and offerings
3 min read20 Nov 2019Ola’s domestic IPO plans come at a time when arch-rival Uber’s IPO and NYSE stock performance has been tepid Ola posted a 44% rise in revenue to ₹1,860 cr in FY18 from ₹1,286 cr in FY17
3 min read3 Oct 2019Sarin will be a mentor and advisor to the Ola Electric Mobility in its overall business strategy Ola plans to bring one million electric vehicles on Indian roads by 2022
1 min read29 May 2019Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank Group Corp Aggarwal has grown concerned about its influence as SoftBank took a stake in his archrival, Uber Technologies Inc., and then encouraged the rivals to merge
5 min read9 Apr 2019Ola Electric Mobility will be led by Anand Shah and Ankit Jain Ola Electric is currently running several pilots to deploy electric vehicles and charging solutions
1 min read1 Mar 2019Flipkart co-founder Sachin Bansal total investment in Bhavish Aggarwal's Ola now stands at ₹650 crore Sachin Bansal as an investor gives Bhavish Aggarwal more leverage in the boardroom battle against SoftBank
2 min read20 Feb 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared