Tag: bhavish aggarwal

Ola Electric's service problem first cropped up in September last year and have continued ever since. (Tushar Deep Singh/HT)
Posted in Business

Ola Electric initiates a service reboot amid a sales problem| Business News

Ola Electric Mobility Ltd. has initiated a service reboot to address after-sales woes of a shrinking customer base. Ola Electric’s service problem first cropped up…

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Ola Group Chairman Bhavish Aggarwal. (PTI)
Posted in Business

Ola Group is said to pause non-core foods business amid downturn at Ola Electric| Business News

Ola Group has paused operations of Ola Foods amid a financial quagmire at Ola Electric Mobility Ltd., so much so that the food-delivery option has…

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Bhavish Aggarwal, chairman and managing director, Ola Electric. Ola Electric has to sell 18,500 units/month in FY26 to stay operationally profitable. (PTI)
Posted in Business

A 70% slide in Ola Electric sales casts doubt on revised annual target as well| Business News

EV sales of Ola Electric Mobility Ltd. fell to the lowest in at least 36 months in November 2025, even as the erstwhile market leader…

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Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image
Posted in Startups

Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image

Ola Electric founder Bhavish Aggarwal urged the Karnataka High Court to restrain the brother of an employee who died by suicide from carrying on with…

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Ola Electric operates its own stores and service centres in India, in a departure from the industry norm of dealership model. (Tushar Deep Singh/HT)
Posted in Business

Ola Electric scales up Hyperservice to open source its spares, service business| Business News

Ola Electric Mobility Ltd. has scaled up its so-called Hyperservice initiative to open source its proprietary service infrastructure and technology, a move the company says…

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Ola Electric scales up service network into open platform for spare parts, service
Posted in Startups

Ola Electric scales up service network into open platform for spare parts, service

Ola Electric on Monday announced that it is scaling up its proprietary service infrastructure and technology vertical by providing access to independent garages and fleet…

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Ola Electric board to decide on fresh funding in Oct 25 meet
Posted in Startups

Ola Electric board to decide on fresh funding in Oct 25 meet

The board of electric two-wheeler maker Ola Electric Mobility will convene on October 25 to decide on raising fresh funds by issuing equity shares, according…

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Ola Electric believes it can scale Ola Shakti BESS with “zero incremental capex and R&D spends”. (@bhash/x)
Posted in Business

Ola Electric enters India’s battery-storage ecosystem even as cell plans stall| Business News

Ola Electric Mobility Ltd. has launched its first non-automotive product, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have…

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SoftBank sells 2.15% stake in Ola Electric to reduce shareholding to 15.68%
Posted in Business

SoftBank sells 2.15% stake in Ola Electric to reduce shareholding to 15.68%

Updated on: Sept 04, 2025 05:23 pm IST SoftBank Group has offloaded 94,943,459 shares, equivalent to 2.15% stake, in Ola Electric, even as the share…

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Posted in Startups

Ola rallies 10% this week on PLI certification, even as market share dips

Ola Electric‘s shares rallied nearly 10% this week, driven by announcements such as its PLI certification for its next generation of electric scooters. The stock…

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