/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The absence of stable leadership and clear-cut business plan is hurting the electric vehicles unicorn.
What does Ola Electric do? This is a question that has often vexed analysts and venture capital investors. The company is ostensibly meant to deal in building out infrastructure and technology for us in electric vehicles. The mandate is broad, and it has dabbled in charging stations, three-wheelers, two-wheelers, battery swapping and more.
Ola Electric Mobility Pvt. Ltd started life as a wholly owned subsidiary of ANI Technologies Pvt. Ltd, the corporation that runs ride-hailing service Ola. In March 2019, it was spun out as an independent company, with Ola CEO and co-founder Bhavish Aggarwal buying almost all of the …
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
