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Ola Founder Bhavish Aggarwal. | Photo Credit: Reuters Ola Group, spanning ride-hailing, electric vehicles, and AI, now holds over 50% of all patents filed by India’s 117 unicorns. India’s unicorns collectively hold only 229 patents, with Ola Group owning more than half, according to data from the Indian Patent Advanced Search (IPAS) System. In a…
New Delhi: Author Amish Tripathi on Friday engaged in a “Twitter debate” with comedian Kunal Kamra after the latter attacked Ola CEO Bhavish Aggarwal over his social media post on ‘Sati’, the practice of immolating widows which was first banned under the Bengal Sati Regulation, 1829. The debate began when Mr Aggarwal, who was last…
Ola founder and chairman Bhavish Aggarwal announced the Krutrim AI lab on Tuesday. The AI-focused research lab will be the central hub for all the future model releases of Ola Krutrim (commonly referred to as Krutrim). Alongside, several new India-focused open-source artificial intelligence (AI) models were also released, with the main highlight being the Krutrim-2…
Ola founder and chairman Bhavish Aggarwal announced the Krutrim AI lab on Tuesday. The AI-focused research lab will be the central hub for all the future model releases of Ola Krutrim (commonly referred to as Krutrim). Alongside, several new India-focused open-source artificial intelligence (AI) models were also released, with the main highlight being the Krutrim-2…
India’s markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker. The letter from the Securities and Exchange Board of India (SEBI), disclosed by Ola Electric late on Tuesday, said that the company had failed provide…
Ola could be adding an advanced driver assistance system (ADAS) to its S1 Pro scooter in the premium category. Bhavish Aggarwal, the CEO of Ola, shared a teaser video that showed a small screen, mounted on a metal stand, fixed next to the speedometer of what looks like the orange variant of its electric S1…
India’s Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters. Ola Electric, which makes electric scooters, is backed by investors such as SoftBank Group and…
Ola Electric Mobility’s shares surged 20% on their trading debut in Mumbai on Friday, valuing the company at $4.8 billion, as investors bet on increasing adoption of electric vehicles in the world’s largest market for two-wheelers. The stock had listed flat to its initial public offering (IPO) price of 76 rupees before rising to 91.20…
Ola Electric has revealed that it has resolved 99.1 percent of the 10,644 customer complaints it received. The electric scooter maker, which holds a significant 27 percent share of India’s e-scooter market, is under the microscope after receiving a show-cause notice from the Central Consumer Protection Authority (CCPA). The authority is investigating concerns related to…
Blinkit’s co-founder and CEO Albinder Dhindsa on Tuesday revealed what was ordered most on the quick commerce company’s mobile application on New Year’s Eve, drawing a sharp response from comedian Kunal Kamra, who questioned how much average wages he paid to his delivery partners in 2024. In a post on X, he said Zomato-backed Blinkit,…
