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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 different parts of the country spread to Mumbai when Aggarwal was in the city to update investors
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