Search Results for: Bhavish Aggarwa

India can do to AI what China did to manufacturing: Ola founder

Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China became in manufacturing.

Jul 15, 2024

Ola exits Google Maps, develops in-house Ola Maps

India's major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations.

Jul 6, 2024

Ola Electric captures over 52 pc market share in EV 2-wheeler segment in April

Ola Electric's IPO To Be A Game-Changer For India's EV Industry

In a significant development for India's electric vehicle (EV) industry, Ola Electric, under the leadership of Bhavish Aggarwal, has secured approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This event, which transpired on June 20, 2024, is a milestone as it represents the first IPO by an EV startup in India.

Jun 20, 2024

Ola Cabs CEO Hemant Bakshi resigns, firm plans to cut 10 per cent jobs

Ride-hailing platform Ola Cabs CEO, Hemant Bakshi, has resigned from his position just four months after taking the job, according to sources.

Apr 29, 2024

Ola Electric sold over 8K e-scooters to its parent firm till Dec 2023: Report

In a significant development in the Indian electric vehicle (EV) market, Ola Electric, under the leadership of Bhavish Aggarwal, has reportedly sold over 8,200 scooters to its parent company, ANI Technologies, by December 2023.

Jan 11, 2024

Ola Electric files DRHP with SEBI, aims to raise Rs 5,500cr via IPO: Report

Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), a media report said on Friday.

Dec 22, 2023

Murthy's 70-hr-a-week work call to youth triggers sharp reactions from founders [details]

Infosys founder Narayana Murthy's advice to youngsters in India, urging them to work 70 hours a week, has sparked sharp reactions from founders and leaders who said that while extended working hours can boost productivity, a balanced approach is equally necessary.

Oct 27, 2023

Upcoming Ola EV images leaked, furious Bhavish Aggarwal demands apology [details]

The confidential images of upcoming Ola Electric e-scooters, set to be launched on August 15, have allegedly been leaked, which has forced its CEO Bhavish Aggarwal demand an apology from the media person who leaked those images.

Aug 8, 2023

Bhavish Aggarwal unveils Ola electric car with 500 km range, all-glass roof & more [details]

Ola Founder and CEO Bhavish Aggarwal on Monday shifted gears and entered a new territory by showcasing a homegrown electric car that will arrive in the country by 2024.

Aug 15, 2022

Ola CEO Bhavish Aggarwal denies rumours of merger plans with Uber

Ola Founder and CEO Bhavish Aggarwal on Friday refuted a report that said Ola and Uber are considering a potential merger.

Jul 30, 2022

Ola to fire over 1000 employees; to hire aggressively for its EV segment [details]

Earlier this month, Ola said that it was investing roughly $500 million in Bengaluru's forthcoming research and development centre for battery cells.

Jul 29, 2022

Ola likely to lay off up to 500 employees in cost-cutting exercise

As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is planning to lay off up to 500 employees across departments as it aims to cut cost and streamline operations amid the ongoing funding winter.

Jul 6, 2022

Ola Electric to have 4,000 EV charging points in 2022: CEO

Ola Electric's HR Director quits, follows many top executives after battery crisis

The resignation drive of senior executives at Ola Electric continues and now, its Director HR Ranjit Kondeshan has decided to move on.

Jun 28, 2022

Uber India hikes fares, to pay drivers daily; Consumers at receiving end

Uber taxi has hiked ride fares and decided to make a daily pay process for drivers

May 20, 2022

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Notably, Manufacturers have increased their voluntary recalls after the government warned them of "heavy penalties" if they did not take immediate remedial action, such as recalling faulty models.

Apr 25, 2022

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