Ola on Full Charge for Its IPO Ride
The electric two-wheeler manufacturer is betting big on its proposed IPO, with nearly half the shares on offer for sale coming from founder Bhavish Aggarwal’s account. While its position as a market leader is a huge confidence booster, Aggarwal’s past failures, unfavourable reports around regulation violations and battery mishaps might dent its prospects
Vinita Bhatia - February 01, 2024
The ride-hailing industry’s drive has come to a screeching halt. Can Ola survive?
Mounting losses, imperfect bets and tough lessons. The taxi company was just about to prove its worth, when the pandemic threw a spanner in
Shruti Venkatesh - June 05, 2020