Ola's cab business is failing

Faced with chronic neglect, lack of focus, high attrition and supply-side constraints, Ola's cab business, once the darling of investors, has turned into a dodo.

18 May, 202219 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

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.

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.

Internet
Story image

In India, everything is logistics

Large, valuable businesses are being built in the country, many of whom are delivering food, grocery, goods, services and even people. At their core, these two-sided marketplaces are solving for efficient logistics.