Bhavish Aggarwal: News

02 Dec 2024

Ola Electric

Ola 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 Electric

Ola'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 Scooters

Ola 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 Electric

Ola 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 Electric

Ola 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 Kamra

Bouncers 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 Cabs

Bhavish 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 Electric

Ola 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 MotoCorp

Ola 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 Electric

Ola 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

Ola

Ola'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 Electric

What is Ola Bharat Cell?

Ola Electric has unveiled its innovative battery technology, called 'Bharat Cell.'

15 Aug 2024

Ola

Ola 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

Blinkit

Robots 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.

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 Electric

Ola 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 Electric

Ola 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 Electric

Ola 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.

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 Electric

MapMyIndia 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.

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.

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

Ola

Ola 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

Ola

Bhavish 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

Ola

Ola 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 Electric

Ola 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 Electric

Ola 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 Electric

Ola 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 Cabs

Ola 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

Ola

Ola 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

Ola

Ola 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.

Bhavish 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 Cabs

Ola 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.

Krutrim 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 Auto

Ola 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.

After 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 Electric

Ola'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

Ola

Ola'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

Startups

National 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 Electric

You 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.

Meet 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 Electric

Ola 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).

Bhavish 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

Ola

Ola 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 Electric

Bhavish 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

Ola

Ola 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 Motors

Ola 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

India

Ola 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

India

Five 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 Bansal

Reportedly, 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

India

Ola 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

India

Ola: 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

India

Ola 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.