Hey I am on Medialย โขย 1y
Interesting One : โข Bhavish Aggarwal, CEO of Ola Electric, called MapMyIndia's legal notice "opportunistic." โข MapMyIndia says Ola Electric misused its mapping data for the Ola Maps platform and broke their licensing agreement. โข Aggarwal stated that Ola Electric isn't in the mapping business and such disputes are common. โข MapMyIndiaโs parent company, CE Info Systems, claims Ola Electric used and altered their technology improperly. โข Ola Electric denies these claims, saying they are "false and misleading. โข 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 โ
Keen Learner and Exp...ย โขย 1y
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 MoreGareeb Investorย โขย 12m
โก Who owns Ola Electric? ๐๐ With Bhavish Aggarwal holding 30%, and SoftBank Vision Fund close behind at 17.8%, Ola Electric is driving the future of electric mobility! ๐๐ From global investors like Hyundai and Alpha Wave to retail investors, ever
See MoreHey I am on Medialย โขย 1y
โข Let's Decode OLA Electric Today โฅ๏ธ๐๐คฉ โข 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. โข Investors: โขRaised almost $5 billion from top inve
See MoreFounder @StudyFlames...ย โขย 9m
๐ Who Owns Ola Electric? ๐ต Hereโs a quick breakdown based on investment stakes: 1๏ธโฃ Bhavish Aggarwal: 30% ๐ 2๏ธโฃ SoftBank Vision Fund: 17.8% ๐ 3๏ธโฃ Foreign Institutional Investors (FIIs): 13.5% ๐ 4๏ธโฃ Others: 23.8% ๐งฉ 5๏ธโฃ Mutual Funds: 5.2% ๐ฐ 6๏ธ
See MoreI'm just a normal gu...ย โขย 5m
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
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Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in Indiaโs fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations. According to Vahan data as of May
See MoreFounder - Burn Inves...ย โขย 4m
ACTION FOR DAY - 29/05/2025 India: Nifty expiry US: GDP, initial jobless claims Q4 Earnings - Bajaj Auto, Amara Raja, Prestige Estates, Sobha, Mazagon Dock, Ola Electric Prestige Estates, Varroc Engineering board to mull fundraising. Samvardhana
See MoreGareeb Investorย โขย 1y
A tweet criticizing Ola Electric led to a 6.18% drop in its shares, wiping out โน3,625 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 Olaโs scooters
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Medialย โขย 1y
Top News of the Day: 1. Ola Electric has responded to MapMyIndia's accusations of data misappropriation as "opportunistic." 2. Ola Cabs has introduced a loyalty program called Ola Coin and relaunched its ride-sharing service on its platform in an e
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