Rapido’s Emerging Growth and Users, Beating Uber & OlaÂ
Rapido has been rising as a top ride-hailing service, gaining greater market share and users, and beating both Uber and Ola, despite its previous perception as a specialised bike-taxi service. The Company’s notable market share is driven by its taxi operations, which adversely affects Ola and Uber’s ability to stay ahead in a dynamic market. …
Himanshu
Ola Electronics Partner With EY To Streamline Business
Bhavish Agarwal has partnered with the consulting firm EY India for Service Transformation. This initiative was taken after the company faced much backlash from customers and challenges in addressing the issues. Ola Electronics is one of the leading two-wheeler companies that aims to build the ‘World’s Largest Electric Vehicle Ecosystem At One Site‘. Sadly, the…
ABHYUDAYA MITTAL
Ola Electronics Receives Regulatory Notice
The Central Consumer Protection Authority (CCPA) issued a notice to Bangalore-based electronic manufacturer Ola on October 3, considering a bundle of consumer complaints regarding service issues. The notice suggested that the electronic scooter company had breached multiple Consumer Protection Act 2019 provisions, including deficiencies, misleading advertisements, unfair trade practices, and consumer rights violations. The National…
Shipra Prajapati
CEO Hemant Bakshi Quits, OLA To Let Go Of 10% Workforce
After four months as the CEO of India’s biggest ride-sharing transportation company, OLA, Hemant Bakshi has now stepped down. Moreover, the company is said to be performing a restructuring exercise that will affect about 10% of the total staff. Bakshi joined the company in January to supervise the day-to-day operations of the ride-hailing company. According…
Bhavish Aggarwal Success Story: A Saga Of Triumph
Bhavish Aggarwal Success Story has inspired millions. He is the co-founder of OLA Cabs and the founder of OLA Electric, which revolutionised the entire transportation landscape of the nation. Bhavish Aggarwal is the name everyone knows; with a net worth of INR 11,700 crores, he is one of the most successful startup founders in the…
Ola Electric Aims To Build ‘World’s Largest Electric Vehicle Ecosystem At One Site’
Ola Electric’s CEO Bhavish Aggarwal has outlined an ambitious plan to build the ‘World’s Largest Electric Vehicle Ecosystem At One Site’. The plan will be executed in the Future Factory of Ola in Tamil Nadu. Ola decided to manufacture two-wheeler electric vehicles, including scooters & motorcycles, cars, and batteries to be used in electric vehicles….
Ola Electric HR Director Quits, Another High-profile Exit
Ola Electric, India’s well-known startup, continues to see resignations. The latest exit from the company is Ranjit Kondeshan, Director HR, who joined the company in May 2021 and decided to move on in just 14 months of joining.  Ranjit has a total experience of 18 years. Prior to this, he worked at Visa as Director…
Vipin
Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit
Google-backed neobank Open became the 100th unicorn of India with a $1 billion valuation. There are a total of 100 unicorns in India, including Mamaearth, EaseMyTrip, Ola, and Flipkart to name a few. But how many of these are profitable? According to the statistics from the media portal, only 18 unicorns have achieved profitability. Reports…
Aman Goyal
Two EV Caught Fire In Pune: Investigation Launches
Ola S1 Pro, an electric scooter, caught fire in Lohegaon, Pune; the video went viral on the internet. The Ola themselves has launched an investigation to find the reason for the fire. However, now the government has also launched an investigation to find the root cause of the fire. The investigation has been ordered by…
