🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Vaibhav Babruwan Shingde

Stealth • 4m

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 that Ola Electric isn't in the mapping business and such disputes are common. • MapMyIndia’s parent company, CE Info Systems, claims Ola Electric used and altered their technology improperly. • Ola Electric denies these claims, saying they are "false and misleading. • The dispute comes as Ola Electric is preparing for its Initial Public Offering (IPO), making the situation more complicated. What do you think guys and don't forget to follow me ❓

0 replies4 likes

More like this

Recommendations from Medial

Image Description
Image Description

Yash Barnwal

Stealth • 2m

⚡ Who owns Ola Electric? 🚗🔋 With Bhavish Aggarwal holding 30%, and SoftBank Vision Fund close behind at 17.8%, Ola Electric is driving the future of electric mobility! 🌍🔌 From global investors like Hyundai and Alpha Wave to retail investors, ever

See More
3 replies10 likes
2

Sanskar

Stealth • 4m

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. B

See More
0 replies3 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 8m

• Let's Decode OLA Electric Today ♥️🚀🤩 • 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: •Raised almost $5 billion from top inve

See More
13 replies28 likes

Applyly

Stealth • 12d

Electric Scooter Wars: Rajiv Bajaj Trolls Ola Electric Scooter Wars: Bajaj MD Rajiv Bajaj Trolls Ola with Bold Claim Electric two-wheeler market share in India is becoming more and more competitive. Recently, the MD of Bajaj Auto, Rajiv Bajaj, made a

See More
0 replies2 likes
Image Description
Image Description

Yash Barnwal

Stealth • 2m

A tweet criticizing Ola Electric led to a 6.18% drop in its shares, wiping out ₹3,625 crore from its market value within two hours. This followed a public spat between Ola's CEO Bhavish Aggarwal and comedian Kunal Kamra, who criticized Ola’s scooters

See More
4 replies17 likes
Image Description
Image Description

Payal Manghnani

Stealth • 4m

Bhavish Aggarwal announced that Ola Cabs is changing its name to Ola Consumer. The company will now offer various services to make shopping easier for people in India. This announcement was made at Ola Sankalp, an annual event in Bengaluru where th

See More
2 replies6 likes
Anonymous

Anonymous

Stealth • 2m

Where are the dumb idiots andhbhakt supporter of OLA and the clown Bhavish Aggarwal now?! Chup kaise baithe ho, kuch bolo tumhare hero ke baare mein?! DO NOT IDEALISE STUPID PEOPLE!!

0 replies2 likes
1

Vrishank Raj

Stealth • 4m

Ola electric has already given 44% returns in 2 days, despite being a loss making company. Ola electric incurred a loss of rs.267 cr last financial year. It has a negative ROE. Ola electric is a fundamentally weak company, but it is still giving re

See More
0 replies5 likes
1
Image Description
Image Description

Payal Manghnani

Stealth • 6m

Ola Electric has recently been granted approval by SEBI to launch an IPO, making it the first electric two-wheeler manufacturer in India to achieve this milestone. Can anyone provide me more information about Ola Electric's IPO plans and how it wil

See More
5 replies8 likes
Image Description
Image Description

Aakash kashyap

Stealth • 2m

Ola Electric has received a show cause notice from the Central Consumer Protection Authority due to numerous customer complaints regarding scooter quality, manufacturing defects, and overcharging.

6 replies6 likes

Download the medial app to read full posts, comements and news.