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But why canāt ola or rapido do this? They already have electric scooters. Theyāll introduce electric rickshaws
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Interesting One : ⢠Bhavish Aggarwal, CEO of Ola Electric, called MapMyIndia's legal notice "opportunistic." ⢠MapMyIndia says Ola Electric misused its mapping data for the Ola Maps platform and broke their licensing agreement. ⢠Aggarwal stated t
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Ather Energy Surpasses Ola Electric in Revenue ā Despite Selling Fewer Units (Q4 FY25) Ather Energy outperformed Ola Electric in Q4 FY25 operating revenue by ā¹65 Cr ā despite selling 1.5x fewer electric scooters. The numbers reveal an interesting s
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⢠Let's Decode OLA Electric Today ā„ļøšš¤© ā¢ Ola Electric is one of India's leading EV startups, founded in 2017 by Bhavish Aggarwal . It has become a unicorn company, valued at over $5.4 billion. ⢠Investors: ā¢Raised almost $5 billion from top inve
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Market Share of Ola Electric (2024) ā”ļø ā¢ June: 49% ⢠July: 39% ⢠August: 32% ⢠September: 27% ⢠October: 30% Ola Electric Sold 41,605 Units in October They Sold 24,726 Units in September Olaās EV Market Share Increased Slightly in Oct
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š Who Owns Ola Electric? šµ Hereās a quick breakdown based on investment stakes: 1ļøā£ Bhavish Aggarwal: 30% š 2ļøā£ SoftBank Vision Fund: 17.8% š 3ļøā£ Foreign Institutional Investors (FIIs): 13.5% š 4ļøā£ Others: 23.8% š§© 5ļøā£ Mutual Funds: 5.2% š° 6ļø
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What Went Wrong with Ola Electric? In 2021, Ola Electric positioned itself as the āTesla of India.ā With over 100,000 orders for the S1 Pro within 24 hours, Bhavish Aggarwalās vision of a sleek, software-driven scooter ecosystem looked like the fut
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