Shock Layoffs At Ola Electric: 500 Employees Cut As Company Struggles With Losses

22 Nov 2024

Ola Electric, the Bhavish Aggarwal-led electric vehicle (EV) company, is planning to lay off at least 500 employees as part of a major restructuring initiative aimed at improving operational efficiency. This move comes in the wake of a series of challenges, including mounting financial losses, a government investigation, and intense...

Kunal Kamra Reaches Out To Nitin Gadkari To Do Something About Ola India

28 Oct 2024

Comedian Kunal Kamra’s ongoing dispute with Ola CEO Bhavish Aggarwal over the state of Ola’s electric scooter service has escalated to involve government figures. Kamra recently urged Transport Minister Nitin Gadkari to intervene, citing poor service at Ola’s centers, where he claims electric scooters are left unattended and without qualified...

Angry Ola Electric Customer Torches Karnataka Showroom Over New Bike Service Issues | Watch

11 Sep 2024

A frustrated Ola Electric customer reportedly set fire to a showroom in Kalaburagi, North Karnataka, after his scooter was not repaired, according to a police investigation. Mohammad Nadeem, 26, bought an Ola electric scooter in August but faced repeated issues. Despite numerous visits to the showroom, the problems remained unresolved....

Ola Electric Launches Affordable E-Motorcycles; Prices Begin At ₹74,999

15 Aug 2024

Ola Electric has made a significant leap into the electric motorcycle market with the launch of its Roadster series, unveiling three new models: the Roadster X, Roadster, and Roadster Pro. Announced on August 15, 2024, by founder Bhavish Aggarwal, this marks Ola Electric’s first foray into electric motorcycles, building on...

Ola Electric Fined Rs 1.94 Lakh for Delivering Defective Scooter

16 Jul 2024

A consumer court in Bengaluru has recently fined Ola Electric Technologies Pvt Ltd Rs 1.94 lakh for delivering a defective electric scooter to a customer and failing to address the issue. The District Consumer Disputes Redressal Commission, in its July 10 order, instructed Ola Electric to refund Rs 1.62 lakh...

Ola Electric’s IPO Valuation Questioned By Investors

22 Jun 2024

Ola Electric Mobility, the biggest electric scooter manufacturer in India, is encountering resistance from investors regarding the valuation it aims to achieve in its upcoming IPO, as per sources familiar with the situation cited by Bloomberg. Expectations vs Reality The company's founder is aiming for a potential valuation of up...

Ola Electric

Shock Layoffs At Ola Electric: 500 Employees Cut As Company Struggles With Losses

Kunal Kamra Reaches Out To Nitin Gadkari To Do Something About Ola India

Angry Ola Electric Customer Torches Karnataka Showroom Over New Bike Service Issues | Watch

Ola Electric Launches Affordable E-Motorcycles; Prices Begin At ₹74,999

Ola Electric Fined Rs 1.94 Lakh for Delivering Defective Scooter

Ola Electric’s IPO Valuation Questioned By Investors

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