IPO-bound Ola Electric suspends electric car project: Report
Bengaluru: India's IPO-bound Ola Electric has paused its plans to launch electric cars, choosing instead to concentrate on its e-scooter business, according to a Reuters report.
'Not India’s loss': Ola's Bhavish Aggarwal on Tesla's withdrawal from India
Bengaluru: Tesla's decision to forgo investment in the Indian market represents a significant missed opportunity for the US-based company, not for India, according to Bhavish Aggarwal, CEO of Ola Cabs.
Bengaluru/IBNS: Ola Group's founder and CEO Bhavish Aggarwal said on May 22 that the company has completed the shift of its entire workload to in-house artificial intelligence (AI) firm Krutrim, a week after cutting ties with its cloud service provider Microsoft Azure.
Ola CEO Bhavish Aggarwal tore papers, punished employees: Report
Ola CEO Bhavish Aggarwal, who aims to be India's answer for ElonMusk with his cheap electric cars, has found himself in the midst of criticism, as a Bloomberg report said that many past and present employees have revealed his abrasive and unsparing behaviour which upset board members and managers.
e-scooter fires rare but may occur in future, says Ola Electric chief Bhavish Aggarwal: Report
Ola Electric CEO Bhavish Aggarwal hasn't ruled out more fires in electric scooters in the future while adding that such incidents are very rare, according to media reports.
IPO-bound Ola raises USD 500 mln loan
Bangalore/IBNS: India's ride hailing company Ola secured a USD 500 million loan from international institutional investors to proliferate mobility across ride hailing, vehicle commerce, delivery with foods, quick commerce and financial services sectors.