Keen Learner and Exp... • 11m
MapMyIndia has just sent a legal notice to Ola electric. MapMyIndia provided navigation services for Ola's S1 pro electric scooter and they had a 2021 agreement on this that strictly forbid copying or reverse engineering any of MapMyIndia's data. But now CE info systems the parent company of MapMyIndia clams that Ola's new mapping service Ola maps is copying their mapping data for their own commercial gain and also accused Ola of duplicating their APIs and SDKs, thus violating the 2021 agreement. In their defence Ola maps has claimed that they have developed their Ola maps solely through open source data and also denying all the allegations, stating they are false and misleading. And this is very sensitive time for Ola as they are just hours away from their IPO. What do you think will be the impact of this on their IPO on 2nd August?
Hey I am on Medial • 11m
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
See MoreIf you like this pag... • 11m
What you guys think about Ola they have copied the API's & Interface from mapsmyindia. We also know that the Ola was also copied from Uber's Idea. I guess it became a trend to copy and paste. Nothing was new in terms of idea. News Source: Inc42.co
See MoreBuilding Passdn | ON... • 11m
Open Network For Digital Commerce (ONDC) is going to be more favorable for Startups. As we know recent updates from Google and Ola battle. - Ola Maps is giving 3 years FREE for startups & SMBs on ONDC - Google also launched the ONDC program for In
See MoreFounder & CEO • 1y
What's the reason behind of OYO valuation crash? They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9
See MoreHey I am on Medial • 12m
Let's decode one pattern : • Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO. • Startups backed by Softbank such as OLA Electric and OYO are ra
See MoreMastering the Game o... • 1y
Ola Cabs In 2011, when Ola (then Olamoney) was just getting started, the founders traveled to over 20 cities to onboard cab drivers onto their app themselves. With no funding, they stayed at dharamshalas and low-cost lodges to make their bootstrappe
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