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I've never bought a single share in my life: Billionaire Bhavish Aggarwal
Inshorts
·
11m ago
Medial
Billionaire Bhavish Aggarwal, who recently took Ola Electric public in ₹6145.56-crore IPO, said, "I've never bought a single share in my life". At a Business Today event, he said, "Now that I have some more liquidity, I intend to make some smart bets in the market." Aggarwal said he & his wife keep their money in savings accounts and FDs.
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Bhavish Aggarwal paid $2.3M to top up collateral as Ola Electric shares slid: Report
YourStory
·
2m ago
Medial
Ola Electric's founder Bhavish Aggarwal infused $2.3 million to strengthen collateral for borrowings against EV-maker shares. He raised Rs 250 crore for Krutrim AI by pledging Ola Electric equity. Despite a 43% share value drop, the shares remain over twice the loan amount's value. Aggarwal had pledged 8% of his 30% stake. Avendus, InCred, and Modulus lent funds for bonds backed by Ola shares. Recent share transactions involved Hyundai and Kia Corporation.
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Kunal Kamra again calls out Ola CEO Bhavish Aggarwal; says, ‘put out a public plan which doesn’t include employing me’ | Mint
Livemint
·
9m ago
Medial
Comedian Kunal Kamra has criticized Ola Electric for not addressing customer complaints or issuing refunds. He called out Ola CEO Bhavish Aggarwal to publicly share a plan that doesn't involve hiring Kamra. The exchange on social media between Aggarwal and Kamra started when Kamra highlighted the storage of Ola electric scooters. Aggarwal suggested Kamra should help if he's concerned, while Kamra asked about the company's refund policy. Aggarwal faced criticism for his rude responses, with users expressing concerns about the company's customer service.
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Didn't get day 0 job myself: Ola CEO Bhavish on returning to IIT-B for hiring
Money Control
·
1y ago
Medial
Ola CEO Bhavish Aggarwal returned to his alma mater, IIT Bombay, for campus recruitment on Friday. "Will also be at IIT-B tomorrow morning 3 am to hire day 0 from my college when I didn't get a day 0 job myself," he wrote on X on November 30. Day Zero refers to the first day of campus recruitments at IITs.
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Ola's Bhavish Aggarwal snaps ties with Microsoft Azure in stand against Western tech
Economic Times
·
1y ago
Medial
Ola CEO, Bhavish Aggarwal, announced that the company will move its workload from Microsoft's Azure to its own cloud service, Krutrim. Aggarwal criticized Western tech practices and accused Microsoft-owned LinkedIn of deleting his post without notification. He stated that Ola will complete the migration within a week. Aggarwal previously criticized LinkedIn for imposing a political ideology on Indian users through its AI tool. He said he will share his broader thoughts and actions regarding this matter.
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Tinder will now allow you to share date plans with friends and family
Livemint
·
1y ago
Medial
Dating app Tinder has introduced a new feature called 'Share My Date', allowing users to share their date plans with their friends and family. This feature aims to make dating more enjoyable and safer by enabling users to seek feedback and involve loved ones in their dating experience. Users can share date details such as location, time, and a photo through a single link, which recipients can access without needing the Tinder app. The 'Share My Date' feature will be available in select countries in the coming months.
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Energising talk on AI, India: Bhavish on meeting SoftBank's Son
Inshorts
·
8m ago
Medial
Ola CEO Bhavish Aggarwal took to X to share pictures with SoftBank CEO Masayoshi Son after they met in Delhi on Wednesday. "Always amazing to meet Masayoshi Son...Such an energising discussion on AI, AGI, Energy and India," he wrote. Son will also reportedly meet Prime Minister Narendra Modi during his visit.
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SoftBank-backed Ola Electric lists at 10% premium
The Arc Web
·
12m ago
Medial
Ola Electric's IPO saw its shares rise 10% on the first day of trading, peaking at Rs 83.8 against an IPO price of Rs 76. The company's market cap reached close to Rs 36,900 crore, about 10% higher than the IPO valuation but still lower than its previous private valuation. Founder Bhavish Aggarwal and his family now own 33% of the company, making him a billionaire with over $1.45 billion in liquid stock. Early backers, including Tiger Global and SoftBank, have also begun offloading their shares.
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Ola Cabs brings back Ankush Aggarwal to its ride-hailing biz
Economic Times
·
1y ago
Medial
Ankush Aggarwal, the brother of Ola Cabs founder Bhavish Aggarwal, has returned to the ride-hailing business after being involved with Ola Electric Mobility. As part of the senior leadership team at Ola Cabs, Ankush will serve as the CEO of Ola Financial Services. This move follows the exit of CEO Hemant Bakshi, and Bhavish Aggarwal is expected to take a more active role in leading the business towards profitability. Ola Cabs parent company ANI Technologies reported a loss of Rs 1,082 crore in FY23. The reshuffling comes amidst increased competition from rivals in the ride-hailing market.
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Ola approached us to share paid tweets, claim influencers; share screenshots of chat
Inshorts
·
10m ago
Medial
Some influencers claimed that Ola recently approached them to share paid tweets about the company. Stock advisor Aditya Shah and CA Garima Bajpai shared screenshots of WhatsApp chat with the PR agency and said they received requests to post good things about Ola. Earlier, Ola CEO Bhavish Aggarwal accused Kunal Kamra of sharing a paid tweet criticising the company's service.
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Musk built AI firm after me, he should try something new: Bhavish
Inshorts
·
11m ago
Medial
Speaking about people drawing comparisons between him and world's richest man Elon Musk, Ola CEO Bhavish Aggarwal said Musk is "someone we all look up to". "I don't know why [Musk] does the businesses I do. Maybe he should try something new for a change," Bhavish joked. "I started Krutrim before he launched his AI venture (xAI)," Bhavish added.
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