Ola founder Bhavish Aggarwal is making a significant investment of $230 million into his artificial intelligence startup, Krutrim, as India ramps up efforts to carve out a space in an industry largely led by U.S. and Chinese tech firms. The funding is being funneled primarily through Aggarwal’s family office, according Read more…
Ola Electric, recognized as the leading manufacturer of electric two-wheelers, recently disclosed its ambitious plans to venture into the electric car market. However, in a surprising turn of events, the company has officially scrapped its highly anticipated electric luxury car project. Bhavish Aggarwal, the Founder and CEO of Ola Electric, Read more…
At Ola Group’s annual event, ‘Sankalp,’ CEO and founder Bhavish Aggarwal announced the rebranding of Ola Cabs to Ola Consumer, signaling a new direction for the company. This transformation aims to make e-commerce more accessible, affordable, and efficient by offering a variety of consumer services. Aggarwal emphasized that Ola Consumer’s Read more…
Ola has reduced the price of its high-end electric scooter, the S1 X+, by an enticing Rs 20,000, making it available for just Rs 89,999 ex-showroom. This special price offers potential customers a substantial chance to save money on any S1 X+ reservation booked in December 2023. It is available Read more…
Ola Diamondhead: In August 2023, Ola Electric, the industry leader in e-scooter sales, sold 17,389 units and held a robust 29% market share. This shows the important impact Ola is having in the e-scooter market and its desire to increase sales in the upcoming months. It aims to diversify its Read more…