More Ola shenanigans

A puzzling equity buyback scheme, a part-time CEO and a business that has never been more vulnerable (you only have to look at Uber) are all red flags in the run-up to Ola going public.

09 September, 202110 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

The growing unease of EaseMyTrip’s investors

The online travel aggregator is struggling to grow now more than ever. Meanwhile, its promoters' stake sales reveal a pump and dump pattern that does little to ease shareholders’ concerns.

Business
Story image

Milky Mist is a rare best-of-both-worlds business

IPO-bound Milky Mist is a dairy company that operates like an FMCG player. Its unique business model and ambitious promoter have served it well thus far. Now for the market test

Internet
Story image

Ola Electric posts ‘better’ results, but deeper problems persist

A bounce in margins and stock price hides a serious crisis at the Bhavish Aggarwal-led EV maker, where volumes have stalled, rivals are gaining and product trust is breaking down.