Hemant Bakshi, who served as the CEO of Ola Cabs, the ride-hailing platform of ANI Technologies, has resigned from his position after just four months. This decision coincides with reports of an imminent restructuring initiative within the company, which is anticipated to affect around 10% of the workforce, as per a Moneycontrol report. Bakshi’s resignation…
With Mercury in retrograde, making people more forgetful than ever, Uber today released the 2024 edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful….
Amit Ranjan, a seasoned leader, has been appointed as the new Product Head at UOLO, an EdTech company that connects schools, parents, and students. In his new position, Ranjan will oversee the product’s technological development and strategy, concentrating on raising teachers’ productivity while also sustaining parents’ and students’ ambitions and involvement. Ola, Careem, Unicommerce, and…
Vaishnavi Ramakrishnan has been designated Director of Communications at Ola. She previously worked for Flipkart as Director of Communications. She is a seasoned communications professional with over 12 years of experience who has worked for a number of well-known agencies and media companies. She began her career in public relations and corporate communications with Edelman,…
According to sources, Ola Electric has raised $200 million (about Rs 1,500 crore) in a new investment round from a group of investors, valuing the electric vehicle maker at over $5 billion. Tiger Global and Matrix India were among the investors who contributed approximately $600 million to the company, which included a $100 million debt…
Ola announced on Tuesday that it has purchased GeoSpoc, a provider of geospatial services, in a move that will enable the ride-hailing platform in developing technology that will make mobility more accessible and easy across shared and personal automobiles. Ola Chairman and Group CEO Bhavish Aggarwal, in a tweet, said, “New Mobility will require better,…
In the run up to an imminent launch, the Ola Scooter went on a ride on a recent Sunday morning in Bangalore. Ola Chairman and Group CEO Bhavish Aggarwal took the scooter out for a spin and rode by some of the most iconic spots of the city. The Ola Scooter is a leap-frog product,…
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