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What Went Wrong with Ola Electric? In 2021, Ola Electric positioned itself as the โTesla of India.โ With over 100,000 orders for the S1 Pro within 24 hours, Bhavish Aggarwalโs vision of a sleek, software-driven scooter ecosystem looked like the future on wheels. But what followed was a harsh reality check: 1. Scooters catching fire 2. Battery drainage issues 3. App malfunctions & shutdowns 4. Weak service network 5. Toxic work culture and employee resignations Despite ola delivering 250,000+ scooters and announcing new models, the core issues of quality, reliability, and customer trust still haunt the brand. What went wrong? 1. Rushed production and poor build quality 2. Over-promising futuristic tech with little readiness 3. No strong after-sales infrastructure 4. Culture driven by pressure over precision Compared to Ather, Ola focused more on speed than sustainability โ and that cost them dearly. Have you had an experience with Ola Electric or other EVs? Comment ๐๐ป
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2024: The Year of Indian IPOs โข In 2024, 13 Indian startups went public and made over Rs 29,000 crore ($3.4 billion). โข These included Swiggy, Mobikwik, Ola Electric, FirstCry, Ixigo, and Unicommerce. Swiggy did well, Mobikwik was popular, and Ola
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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
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Ather Energy Surpasses Ola Electric in Revenue โ Despite Selling Fewer Units (Q4 FY25) Ather Energy outperformed Ola Electric in Q4 FY25 operating revenue by โน65 Cr โ despite selling 1.5x fewer electric scooters. The numbers reveal an interesting s
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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
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BluSmart is an Indian electric ride-hailing and charging infrastructure company, focusing on sustainable urban mobility. Launched in 2019, it operates a fleet of electric vehicles (EVs), offering a green alternative to traditional ride-hailing servic
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Ola Roadster Faces 4th Delay! Ola Electricโs much-awaited electric motorcycle faces yet another launch delay, raising concerns over its EV two-wheeler roadmap. - 4th major delay in rollout - Production plans remain unclear - Can Ola deliver on its
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Bajaj & TVS Overtake Ola Electric: A Wake-Up Call for Startups In December 2024, Bajaj & TVS sold over 25,000 EVs, surpassing Ola Electricโs 18,000. Ola, once seen as Indiaโs EV poster child, stumbled with battery issues, weak after-sales support, a
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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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