🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Bhavish Aggarwal does a Musk, seeks weekly accomplishment reports from Ola employees
Economic Times
·
5m ago
Medial
Ola Group founder Bhavish Aggarwal has mandated employees across his companies to submit weekly accomplishment reports titled ‘Kya Chal Raha Hai?’, inspired by a similar approach employed by Elon Musk. Employees must provide a brief email with 3-5 bullet points on completed tasks to both their managers and a designated company email. This initiative follows recent workforce restructuring at Ola Electric Mobility, including significant layoffs aimed at achieving profitability. Aggarwal has drawn inspiration from Musk in his leadership style.
View Source
Related News
Kunal Kamra mocks Bhavish Aggarwal's 'Kya Chal Raha Hai' initiative
Economic Times
·
5m ago
Medial
Ola Group founder Bhavish Aggarwal's "Kya Chal Raha Hai" initiative, which involves employees submitting weekly accomplishment reports, was mocked by comedian Kunal Kamra on social media, likening it to Elon Musk's practices. Kamra humorously suggested that customer complaints, like non-working scooters, might overshadow the initiative. The initiative has drawn comparisons to Musk's government efficiency efforts, sparking a mix of criticism and humor from online users, including a jest about Aggarwal being the "OLAN Musk."
View Source
Elon Musk’s Influence? Ola CEO Introduces Mandatory Weekly Reports for Employees
OutlookIndia
·
5m ago
Medial
Ola CEO Bhavish Aggarwal introduced a policy requiring employees to submit weekly reports, similar to Tesla's directive under Elon Musk. The policy, named "Kya Chal Raha Hai?," mandates that employees email their weekly accomplishments to managers and a designated company email. This initiative started alongside news of Ola Electric's significant layoffs and cost-cutting measures amidst financial losses and competition in the electric vehicles sector. Ola faced a net loss of Rs 564 crore in fiscal year 2025's third quarter.
View Source
Musk built AI firm after me, he should try something new: Bhavish
Inshorts
·
1y 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.
View Source
Bhavish Aggarwal to earn ₹288 crore from Ola Electric IPO: Report
Inshorts
·
1y ago
Medial
Ola CEO Bhavish Aggarwal could earn ₹288 crore from Ola Electric's ₹6,146-crore IPO, a report said. The IPO, which will open on Friday, has a price band of ₹72-76. Bhavish currently holds over 1.3 billion equity shares in Ola Electric, representing a 36.94% stake. Notably, Ola Electric's investor Z47 will reportedly get 824% returns from the IPO.
View Source
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.
View Source
Bhavish Aggarwal pokes fun at Elon Musk, says ‘Tesla for West, Ola for Rest’ | Mint
Livemint
·
1y ago
Medial
Bhavish Aggarwal, CEO of Ola Electric and Ola Cabs, mocked Tesla founder Elon Musk, stating that "Tesla is for the West and Ola is for the rest". Aggarwal emphasized that companies like Tesla cater to the rich, while Ola Electric aims to build for the global south, starting with India. He also questioned Musk's ventures, suggesting he should try something new. Aggarwal highlighted Ola's achievements, including launching India's first gigafactory and the focus on AI text technology with his new venture, Krutrim. He expressed Ola's vision for India and the role of Indian youth in shaping the future.
View Source
Ola Electric To Roll Out Its Products On ONDC Next Week
Inc42
·
1y ago
Medial
Ola Electric CEO Bhavish Aggarwal announced that all Ola Electric products will be available on the Open Network for Digital Commerce (ONDC) starting from next week. Aggarwal expressed his enthusiasm for ONDC, referring to it as the "UPI moment for e-commerce." This partnership is not the first between Aggarwal and the ONDC network.
View Source
One of world’s youngest billionaires to double fortune on Ola IPO
Economic Times
·
1y ago
Medial
Bhavish Aggarwal, the founder of Ola Electric Mobility, is set to become one of the world's youngest billionaires as his company prepares for its public listing. Aggarwal, often compared to Elon Musk, could add $1.2 billion to his net worth if the listing occurs at the lower end of the price range. Ola Electric, which aims to be a leading EV company, has not yet turned a profit but is capitalizing on the increasing interest in alternative fuels in India's market. Despite facing setbacks, Aggarwal remains confident in his company's success and sees potential in India's green infrastructure.
View Source
'People who should be considered for promotion': Musk after DOGE’s accountability mail to US govt employees
Business Today
·
6m ago
Medial
Elon Musk has directed US federal employees to submit weekly reports of their work, risking dismissal if they fail to comply. Agencies like the State Department and FDA received the email titled "What did you do last week?" which demands a five-point summary of weekly achievements. Musk indicated that standout employees should be considered for promotion. This unconventional move has sparked debates on government transparency, employment rights, and private-sector influence on public administration.
View Source
Ola Electric’s CBO Ankush Aggarwal joins Ola Financial Services as CEO
Entrackr
·
1y ago
Medial
ANI Technologies, the parent company of ride hailing company Ola, has appointed Ankush Aggarwal as the chief executive officer of Ola Financial Services. His appointment comes on the backdrop of resignation of Hemant Bakshi as CEO of the ride hailing business. Bakshi was leading the mobility business along with a focus on key businesses such as financial services, logistics, and e-commerce. As per an ET report, Ankush Aggarwal will be a part of the senior leadership of Ola Cabs. In March 2022, Ankush Aggarwal (brother of Ola’s founder Bhavish Aggarwal) sold his startup Avail Finance to ANI Technologies for about $50 million in a share swap deal. After the deal, he joined Ola Electric, a separate company founded by Bhavish Aggawral, as the chief business officer (CBO). While Ola is yet to name the new chief executive of the ride hailing business, Bhavish Aggarwal will look after the day-to-day operations of the company. Entrackr has reached out to Ola for comment. Earlier this year, Ola announced that it had turned EBITDA profitable in FY23. During the period, its revenue jumped 42% to Rs 2,799 crore as compared to Rs 1,970 crore in FY22. The firm managed to cut down its losses by nearly 50% to Rs 772 crore during FY23 against Rs 1,522 crore in the previous year. Also Read: Startups rope in new CEOs amid cash crunch, layoffs, profitability and IPO plans Ola Money, which is operated by Ola Financial Services, recorded Rs 85.5 crore revenue with a loss of Rs 54.6 crore while the cab leasing firm Ola Fleet Technologies’ revenue stood at Rs 189.9 crore with Rs 387.6 crore loss in FY23. Last month, Ola announced that it is rolling back its services from international markets such as the UK, Australia and New Zealand. The move is likely due to its shift in attention towards launching an initial public offering. As per media reports, Ola is gearing up for the IPO and has finanlised book running lead managers for going public.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
