Ola

Ola Electric HR Director Quits, Another High-profile Exit

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…

Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit

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…

Two EV Caught Fire In Pune: Investigation Launches

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…