Ola Electric to cut over 1,000 jobs amidst mounting losses
The electric two-wheeler maker’s latest layoffs come soon after it let 500 employees go late last year.
3 March, 2025•2 min
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3 March, 2025•2 min
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Business
Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
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Business
Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
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Bhavish Aggarwal’s raise-and-repeat playbook
Aggarwal’s floundering venture is back in the market for funds, barely months after a hefty debt raise. Time for Ola Electric’s board to finally stir from its sleep.
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Namma Yatri’s complex, wild pursuit to fix public transport
The service that disrupted the entire ride-hailing sector two years ago isn’t fighting to counter its well-funded, larger rivals. It is building something else altogether.