Bhavish Aggarwal’s latest desperate gamble with Ola cabs

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.

23 February, 202512 min
2
Bhavish Aggarwal’s latest desperate gamble with Ola cabs

You may also like

Business
Story image

How India’s retail shareholders are being left holding the can

Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.

Internet
Story image

An appreciation of the late-mover advantage

From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.

Business
Story image

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.