The electric two-wheeler maker’s latest layoffs come soon after it let 500 employees go late last year.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
Ola Consumer is gearing up for an IPO, but poor numbers, lack of direction and an uncertain path to profitability make the company a particularly risky bet for investors.
The Bhavish Aggarwal-led AI startup is under the scanner for copying code from an open-source repository instead of forking it and adding a more restrictive licence on top.
Delhi-based Revolt Motors has emerged as a standout story for electric motorcycles in India against all odds. Now it has to prepare for an onslaught of new competition, starting with top e-scooter maker Ola.