Tech
Raids, complaints and petitions put Ola Electric under intense public scrutiny
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Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric
Synopsis
Amid falling sales, revenues and stock price, Ola Electric’s claims, numbers and practices are under the spotlight.
This week, Ola Electric founder Bhavish Aggarwal has been meeting institutional investors in Mumbai. As his meetings were in progress, the transport department authorities inspected 10 Ola Electric experience centres in the city and seized vehicles. Coincidentally, the search carried out at Ola Electric premises and the seizure of its vehicles in…
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