Bhavish Aggarwal: News
02 Dec 2024
Ola ElectricOla Electric expanding from 800 to 4,000 stores by year-end
Ola Electric has announced an ambitious plan to expand its retail network from the current 800 stores to a staggering 4,000 by December 20. That's a five-fold increase in just three weeks.
26 Nov 2024
Ola ElectricOla's new e-scooters, with removable batteries, start at just ₹40k!
Ola Electric has expanded its product portfolio with the launch of the S1 Z and Gig series of electric scooters.
24 Nov 2024
Electric ScootersOla Electric teases its first scooter with swappable battery
Ola Electric is all set to disrupt the last-mile mobility segment with its upcoming electric scooter.
21 Nov 2024
Ola ElectricOla Electric to lay off 500 employees in restructuring move
Ola Electric is preparing to lay off over 500 employees across different roles as part of a restructuring plan, according to Moneycontrol.
11 Nov 2024
Ola ElectricOla Electric close to achieving profitability, says CEO Bhavish Aggarwal
Ola Electric, a major player in India's electric vehicle (EV) space, is moving closer to profitability.
21 Oct 2024
Kunal KamraBouncers at Ola service centers? Kunal Kamra makes shocking claim
Stand-up comedian Kunal Kamra has once again targeted Ola Electric, this time over the alleged presence of bouncers at its service centers.
16 Oct 2024
Ola CabsBhavish Aggarwal-led Krutrim AI's business head Ravi Jain steps down
Ravi Jain, the business head of artificial intelligence (AI) start-up Krutrim AI, has resigned after a three-year-long stint.
06 Oct 2024
Kunal Kamra'Sit quiet': Bhavish Aggarwal on Kunal Kamra's Ola scooter criticism
Ola CEO Bhavish Aggarwal and comedian Kunal Kamra are engaged in a public dispute, over the service center situation of Ola's electric scooters.
26 Sep 2024
Ola ElectricOla Electric initiates 'Network Partner Program' to boost EV adoption
Ola Electric, a prominent player in the electric scooter market, has launched its 'Network Partner Program.' This initiative aims to extend the electric vehicle (EV) revolution into tier-2 and tier-3 cities.
08 Sep 2024
Hero MotoCorpOla Electric's shares to be in limelight tomorrow: Here's why
Shares of Ola Electric are set to attract significant attention tomorrow, as the company's share lock-in period concludes.
16 Aug 2024
Ola ElectricOla Electric shares surge 18% as company enters e-motorcycle segment
Ola Electric, a prominent player in India's electric two-wheeler industry, has witnessed a significant rise in its share value.
15 Aug 2024
OlaOla's Krutrim to launch 'India's first AI chip' by 2026
Krutrim, the artificial intelligence (AI) division of Ola, has announced its ambitious plan to manufacture a series of chips named Bodhi for AI, Sarv for General Compute, and Ojas for Edge.
15 Aug 2024
Ola ElectricWhat is Ola Bharat Cell?
Ola Electric has unveiled its innovative battery technology, called 'Bharat Cell.'
15 Aug 2024
OlaOla integrates Krutrim AI into its EVs, cab services
Ola has announced the integration of Krutrim AI, an artificial intelligence (AI) assistant, into its electric scooters and cab services.
08 Aug 2024
BlinkitRobots to handle dark stores in Ola's quick commerce plan
Ola, a prominent player in the ride-hailing industry, is preparing to make its mark in the quick commerce sector.
06 Aug 2024
Initial Public Offering (IPO)Ola Electric's IPO oversubscribed 4.25 times on final day
Ola Electric's initial public offering (IPO) has been oversubscribed 4.25 times today, the final day of bidding.
05 Aug 2024
Ola ElectricOla Electric IPO fully subscribed but GMP hints lacklustre debut
The Initial Public Offering (IPO) of Ola Electric, India's leading electric two-wheeler brand, was fully subscribed on the second day of bidding.
30 Jul 2024
Ola ElectricOla Electric IPO: Bhavish Aggarwal could become richer by ₹288cr
Ola Electric, under the leadership of Bhavish Aggarwal, is preparing to launch its Initial Public Offering (IPO) on August 2.
30 Jul 2024
Ola ElectricOla Electric's battery man makes more than the boss
Hyun Shik Park, a seasoned battery manufacturing expert with over three decades of experience at LG, has emerged as the highest-paid executive at Ola Electric in FY24.
29 Jul 2024
Initial Public Offering (IPO)Ola Electric IPO: This investor is set for 800% returns
Ola Electric, India's leading electric two-wheeler manufacturer, is gearing up for its much-anticipated Initial Public Offering (IPO) of over ₹6,100 crore.
29 Jul 2024
Ola ElectricMapMyIndia accuses Ola of copying data to develop Ola Maps
CE Info Systems, the parent company of MapMyIndia, has accused Ola Electric of illegally copying data to develop its recently launched Ola Maps.
29 Jul 2024
Initial Public Offering (IPO)Ola Electric reveals IPO price band, aims to raise ₹6,100cr
Bengaluru-based electric two-wheeler manufacturer, Ola Electric, has set the price band for its upcoming initial public offering (IPO) at ₹72-76.
27 Jul 2024
Initial Public Offering (IPO)Ola Electric to launch its ₹5,500cr IPO on August 2
Ola Electric is set to open its initial public offering (IPO) for retail subscription on August 2, according to a filing with stock market regulator SEBI.
11 Jul 2024
OlaOla founder goes Narayana Murthy way, advocates for 70-hour workweek
Bhavish Aggarwal, founder of Ola Cabs, Ola Electric, and AI unicorn Krutrim, has reiterated his support for a 70-hour workweek in an interview with ANI.
10 Jul 2024
OlaBhavish Aggarwal leads 'kurta' movement, says, 'embrace tradition, young techies'!
Ola's Chief Executive Officer (CEO), Bhavish Aggarwal, recently advocated for traditional Indian attire among young tech leaders.
06 Jul 2024
OlaOla develops its own maps, will save ₹100 crore annually
Ola, a prominent Indian ride-hailing company, has fully transitioned from Google Maps to its proprietary mapping service, Ola Maps.
30 Jun 2024
Ola ElectricOla Electric developing solid-state batteries for its future EVs
Ola Electric, a key player in India's electric two-wheeler market, is developing solid-state battery technology for its future electric vehicles (EVs).
19 Jun 2024
Ola ElectricOla Electric to launch 4 e-bikes in India by 2026
Ola Electric has revealed plans to introduce its electric motorcycle lineup in the first half of FY2026.
11 Jun 2024
Ola ElectricOla Electric gets SEBI's nod for IPO worth ₹7,250 crore
Ola Electric, a prominent player in the electric vehicle (EV) industry, has received approval from the Securities and Exchange Board of India (SEBI), for its initial public offering (IPO).
03 Jun 2024
Ola CabsOla Electric plans to lay off around 500 employees: Report
Ola Electric, the Bengaluru-based electric two-wheeler manufacturer, is planning to lay off between 400-500 employees in the coming weeks, as per the Economic Times.
22 May 2024
OlaOla shifts entire workload to in-house AI firm Krutrim Cloud
Indian multinational conglomerate, Ola, has successfully migrated its entire workload to its in-house artificial intelligence (AI) company, Krutrim.
11 May 2024
OlaOla to transition workload from Microsoft's Azure to Krutrim Cloud
Ola has announced plans to shift its entire workload from Microsoft's Azure cloud platform to its own Krutrim Cloud, within the next week.
04 May 2024
Artificial Intelligence and Machine LearningBhavish Aggarwal-owned Krutrim launches AI chatbot app for Android
Krutrim, an artificial intelligence venture led by Bhavish Aggarwal of Ola, has introduced a dedicated Android app for its AI chatbot.
29 Apr 2024
Ola CabsOla Cabs CEO resigns, company to axe 10% of workforce
Hemant Bakshi, the CEO of popular ride-hailing service Ola Cabs, has stepped down from his position.
29 Mar 2024
Artificial Intelligence and Machine LearningKrutrim AI start-up making weekly improvements despite criticism
Krutrim, an AI start-up founded by Bhavish Aggarwal of Ola, is reportedly making weekly improvements despite facing user criticism since its public beta launch in February.
13 Mar 2024
Bajaj AutoOla Electric to launch 'Raahi' e-rickshaw this month
Bengaluru-based EV maker Ola Electric is preparing to unveil a new-age electric rickshaw, called Raahi, as part of its broader strategy to enter the commercial segment.
01 Mar 2024
Artificial Intelligence and Machine LearningAfter Gemini, India's Krutrim AI chatbot faces flak for inaccuracy
Krutrim, an AI start-up created by Ola founder Bhavish Aggarwal, unveiled an AI chatbot for public beta testing on February 26.
28 Feb 2024
Ola ElectricOla's AI chatbot says rival Ather's EV is best
Ola's Krutrim AI chatbot has declared Ather Energy's 450X Gen3 as India's top electric scooter, ignoring the company's own flagship S1 Pro model.
26 Jan 2024
OlaOla's AI start-up Krutrim turns unicorn with latest funding round
Krutrim, an artificial inteligence start-up launched by Ola's founder Bhavish Aggarwal, has raised $50 million at a $1 billion valuation, making it India's first unicorn of 2024.
16 Jan 2024
StartupsNational Startup Day: Meet the entrepreneurs shaping India's future
India, with its vibrant and diverse business landscape, has witnessed the rise of visionary entrepreneurs who have not only revolutionized industries but also left an indelible mark on the global stage.
31 Dec 2023
Ola ElectricYou may soon be able to rent an Ola e-scooter
Ola Electric's CEO Bhavish Aggarwal recently shared his thoughts on X (formerly Twitter) about launching a rental service for its S1 electric scooters in tourist cities across India.
15 Dec 2023
Artificial Intelligence and Machine LearningMeet Bhavish Aggarwal's Krutrim, India's answer to ChatGPT
Bhavish Aggarwal, co-founder of Ola, ventured into the world of artificial intelligence (AI) with Krutrim Si Designs.
26 Oct 2023
Ola ElectricOla Electric raises Rs. 3,200cr to build Lithium-ion cell facility
EV maker Ola Electric has revealed that it has closed a funding round worth Rs. 3,200 crore (about $380 million).
01 Aug 2023
Artificial Intelligence and Machine LearningBhavish Aggarwal establishes AI start-up to develop large language model
Bhavish Aggarwal, the Indian entrepreneur behind ride-hailing giant Ola and electric vehicle start-up Ola Electric, is diving into the world of artificial intelligence (AI) with a new venture.
13 Jan 2023
OlaOla fires 200 employees as part of a restructuring exercise
Bengaluru-based ride-sharing company Ola is the latest to be hit by the layoff bug. Per Inc42, the company has laid off around 200 employees from some of its verticals.
24 Oct 2022
Ola ElectricBhavish Aggarwal responds to toxic work culture allegations at Ola
Bhavish Aggarwal has one answer for those who are calling the workplace culture at Ola Electric toxic - "we're not here to have a nice, easy time."
13 Sep 2021
OlaOla Electric's Futurefactory to be run by 10,000+ women
Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.
27 May 2020
General MotorsOla Electric acquires Etergo to launch e-scooters in India
Ola Electric Mobility, the EV unit spun out of ride-hailing giant Ola, has acquired Dutch electric scooter manufacturer Etergo.
20 May 2020
IndiaOla lays off 1,400 employees due to COVID-19 pandemic
Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.
03 Jul 2019
IndiaFive of the most famous and successful alumni of IIT-Bombay
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.
11 Oct 2018
Sachin BansalReportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola
In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.
07 Aug 2018
IndiaOla expands to the UK to fight Uber internationally
Not to be outdone or intimidated by international ride-hailing giant Uber, Ola has decided to take the fight beyond India, its home-ground, to Europe.
08 Jun 2018
IndiaOla: Began its journey in 1BHK, now worth Rs. 32,500cr
India's largest cab-hailing start-up Ola started its journey eight years back in 2010 from a 1BHK Mumbai apartment as its first office.
28 Mar 2017
IndiaOla cabs to introduce fully electric taxis
ANI Technologies Pvt. Ltd., Ola Cabs' parent company, is set to introduce fully electric cars as Ola cabs on a pilot basis across major Indian cities within three months.
