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 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 ❓
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. B
See MoreHey I am on Medial • 1y
• 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 MoreFounder @StudyFlames... • 5m
🚀 Who Owns Ola Electric? 🛵 Here’s a quick breakdown based on investment stakes: 1️⃣ Bhavish Aggarwal: 30% 🏆 2️⃣ SoftBank Vision Fund: 17.8% 🌏 3️⃣ Foreign Institutional Investors (FIIs): 13.5% 📈 4️⃣ Others: 23.8% 🧩 5️⃣ Mutual Funds: 5.2% 💰 6️
See MoreI'm just a normal gu... • 1m
Bhavish Aggarwal is reportedly planning to transfer the intellectual property (IP) rights for the Ola brand to a new holding company controlled by his family office. The proposed transfer has raised concerns among ANI investors, who fear losing out
See MoreI'm just a normal gu... • 2m
Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in India’s fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations. According to Vahan data as of May
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