FinTech
Ola Electric In Hyper Delivery Mode, Scapia Bags $40 Mn & More
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Ola Electric Activates Hyper Delivery Mode
Ola Electric is piloting Hyper Delivery, a same-day registration and delivery service. Starting with Bengaluru, it plans a pan-India rollout in a phased manner this quarter.
What’s The Strategy? The EV maker aims to achieve this by automating a majority of the registration process, which will help it remove middlemen and strengthen margins. Meanwhile, the company is also working on trimming its delivery times to 3-4 days in Q1 FY26 from 12 days in Q4 FY25.
Over the past few months, the company…
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