Exit just seven months into the job part of ongoing exercise to cut costs, improve productivity, says ride-hailing company.
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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.
Startups of all hues are lining up to hit the IPO market like never before, even as the economy sends distress signals. Can the equity market absorb this type of supply?