Bhavish Aggarwal

Bhavish Aggarwal News

Ola S1, S1 Pro electric scooter deliveries delayed once again, now slated to begin mid-December
News & Analysis

Ola S1, S1 Pro electric scooter deliveries delayed once again, now slated to begin mid-December

In the latest in a series of delays, Ola Electric has pushed deliveries of its S1 and S1 Pro e-scooters by around three weeks citing a shortage of chipsets and electronic parts.

Ola Electric opens first Hypercharger station ahead of S1, S1 Pro deliveries commencing in November
News & Analysis

Ola Electric opens first Hypercharger station ahead of S1, S1 Pro deliveries commencing in November

Ola Electric CEO Bhavish Aggarwal shared the first Hypercharger setup is live at the Ola Campus in Bengaluru; over 5,000 charging points to come up across 100 cities initially.

Ola Cars decoded: Vehicle retail, service business is the final piece in Ola’s personal mobility puzzle
News & Analysis

Ola Cars decoded: Vehicle retail, service business is the final piece in Ola’s personal mobility puzzle

From simply offering shared mobility, Ola is gearing up to sell its own electric vehicles, and will soon commence sales and service of two- and four-wheelers across India.

Ola completes acquisition of GeoSpoc, to develop real-time satellite imagery for maps
News & Analysis

Ola completes acquisition of GeoSpoc, to develop real-time satellite imagery for maps

With the acquisition of GeoSpoc, Ola aims to come up with accurate maps with high user context for the Indian population beyond just the first 100 million users.

Ola Electric raises over $200 million in funding, to accelerate development of electric car and motorcycle
News & Analysis

Ola Electric raises over $200 million in funding, to accelerate development of electric car and motorcycle

New round of funding for Ola Electric – valued at $3 billion – led by Falcon Edge, Softbank and other firms; company chief Bhavish Aggarwal wants India to shun petrol two-wheelers by 2025.

Ola Electric amasses over 80,000 confirmed orders for S1 electric scooter within 12 hours on Day 1 of sales
News & Analysis

Ola Electric amasses over 80,000 confirmed orders for S1 electric scooter within 12 hours on Day 1 of sales

Ola Electric chairman Bhavish Aggarwal says two Ola S1 e-scooters were sold every second since sales commenced; figure since revised to four scooters a second.

Ola Electric employs all-women workforce at its Futurefactory, to have over 10,000 workers at full capacity
News & Analysis

Ola Electric employs all-women workforce at its Futurefactory, to have over 10,000 workers at full capacity

In a blog post, Ola Electric chairman Bhavish Aggarwal said the company’s Futurefactory in Bengaluru will be the world’s largest women-only factory.

Ola Electric scooter launch highlights: Prices start at Rs 99,999 with the S1 Pro having a range of up to 181 kilometres and top speed of 115 kph
News & Analysis

Ola Electric scooter launch highlights: Prices start at Rs 99,999 with the S1 Pro having a range of up to 181 kilometres and top speed of 115 kph

The Ola Electric scooter – in top-spec S1 Pro form – is set to have a battery capacity of close to 3.6 kWh and a range of up to 150 kilometres.

Ola Electric scooter to be launched in India on 15 August: CEO Bhavish Aggarwal announces date on Twitter
News & Analysis

Ola Electric scooter to be launched in India on 15 August: CEO Bhavish Aggarwal announces date on Twitter

The Ola Electric scooter – in top-spec S1 Pro form – is set to have a battery capacity of close to 3.6 kWh and a range of up to 150 kilometres.

Ola Electric’s Bhavish Aggarwal disagrees with Elon Musk’s call to lower import duty on EVs
News & Analysis

Ola Electric’s Bhavish Aggarwal disagrees with Elon Musk’s call to lower import duty on EVs

Responding to calls for a reduction in import duty on EVs, Ola’s Bhavish Aggarwal said firms should aim to make in India.

Ola Electric e-scooter colour options revealed: Choices include red, yellow, white and more
News & Analysis

Ola Electric e-scooter colour options revealed: Choices include red, yellow, white and more

The Ola Electric scooter – rumoured to be named the Ola Series S – will get matte paint options as well.

Ola Electric acquires Amsterdam-based AppScooter maker Etergo, to launch electric two-wheeler next year
Business

Ola Electric acquires Amsterdam-based AppScooter maker Etergo, to launch electric two-wheeler next year

Ola Electric, without disclosing the deal value, said it aims to launch its electric two-wheeler in India in 2021, and the acquisition of Etergo will further bolster OEM's engineering and design capabilities.

Uber cuts 600 jobs in India due to COVID-19; 'made the decision so that we can look to future with confidence', says country head
Business

Uber cuts 600 jobs in India due to COVID-19; 'made the decision so that we can look to future with confidence', says country head

Uber announced it is laying-off a fourth of its total headcount of 2,400 in the country across customer and driver support, business development, legal, finance, policy and marketing verticals.

Ratan Tata to invest undisclosed amount in electric vehicle startup, Tork Motors
Business

Ratan Tata to invest undisclosed amount in electric vehicle startup, Tork Motors

Electric vehicle startup Tork Motors on Monday said Ratan Tata has decided to invest an undisclosed amount in the company

Ratan Tata invests in Ola Electric Mobility, says e-vehicle ecosystem evolving dramatically every day
Business

Ratan Tata invests in Ola Electric Mobility, says e-vehicle ecosystem evolving dramatically every day

Tata is also an early investor in ANI Technologies, Ola's parent company. He had invested in ANI Technologies in July 2015.

Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutions
Business

Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutions

The partnership will offer Ola drivers various financial services, including lease and instalment payments, while vehicle maintenance

Ola says it raised Rs 400 crore in a funding round led by Tiger Global, Matrix India
News & Analysis

Ola says it raised Rs 400 crore in a funding round led by Tiger Global, Matrix India

Ola last year said it planned to bring 1 million electric vehicles to Indian roads in a few years.

Ola may invest in Bengaluru-based e-pharmacy startup Myra Medicine; mulls buyout
Business

Ola may invest in Bengaluru-based e-pharmacy startup Myra Medicine; mulls buyout

The investment is headed by common investor Matrix Patners—which has invested in Ola, too. The deal is expected to close by end-January

Ola to invest $100 mn in Indian scooter sharing startup Vogo; fund to be used for fleet expansion
Business

Ola to invest $100 mn in Indian scooter sharing startup Vogo; fund to be used for fleet expansion

Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters.

Japan's SoftBank, other investors, keen to pump up to $1 bn in cab aggregator Ola
Business

Japan's SoftBank, other investors, keen to pump up to $1 bn in cab aggregator Ola

ANI Technologies, which operates Ola, has raised well over $2 billion and counts among its investors names like SoftBank Group, Tiger Global and Sequoia India.