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OLA ELECTRIC CHALLENGES
Superhealth appoints Dunzo cofounder Dalvir Singh Suri as head of operationsSuri, with nearly 17 years of experience in building and scaling operations, spent more than eight years at hyperlocal delivery startup Dun...
Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Ola Electric shares fall 6% even as Q1 loss narrows. Why brokerages see up to 51% downsideOla Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared with Rs 428 crore a year ago. How...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian markets ended lower as weekly expiry and volatility from the new Closing Auction Session unsettled traders. Analysts cited forced re...
More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
Krutrim trims staff again, this time by another halfThe fresh job cuts come just months after ET reported on May 6 that the Bhavish Aggarwal-led startup had abandoned much of its original ful...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 poi...
Ola Electric’s subsidiary faces insolvency plea over payment disputeRosmerta Digital Services filed an insolvency plea against Ola Electric Technologies over alleged payment defaults. Ola Electric disputes t...
Bhavish Aggarwal pledges 1.1% stake in Ola Electric to support AI startup Krutrim AIAggarwal holds a 30.02% stake (132.3 crore shares) in Ola Electric. Of this, he has pledged 4.8 crore equity shares, valued at about Rs 451...
Ola Electric's November market share falls to 24.8% from 30.5% in OctoberThe Bhavish Aggarwal-led company has been under growing scrutiny in recent months over issues with its servicing network and rising custome...
"When will govt agencies intervene?", Kunal Kamra hits at Ola again, urges Nitin Gadkari to step inComedian Kunal Kamra called on Union Minister Nitin Gadkari to address poor Ola Electric scooters' conditions. Triggered by acomplaint from...
Harsh Goenka calls out Ola founder Bhavish Aggarwal in ‘kamra’ post, says 'To travel close distances, I use my Ola'RPG Group Chairman Harsh Goenka recently chimed in on the social media conflict between Ola CEO Bhavish Aggarwal and comedian Kunal Kamra c...
Ola Electric's dominance fades as Indian e-scooter battle intensifiesOla Electric, India's leading electric scooter maker, recorded its lowest monthly sales in September. The company sold 23,965 vehicles, lea...
Ola’s top engineering honcho Dinesh Radhakrishnan quitsRadhakrishnan was chief technology officer of Ola Electric when he left the company, as per his LinkedIn profile. His departure only highli...
Ola readies big push for electric vehicles in IndiaOla, which is locked in an intense battle in the Indian market with US-based Uber, is expected to roll out the pilot program in cities like...