Did Bhavish Agarwal use KRUTRIM to make DRHP for Ola Electric?

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OLA Electric DRHP

Founder

OLA Electric DRHP- Grapevine

The restructuring comes just a few weeks after Ola Cabs initiated preliminary discussions with investment banks for an IPO.

Ola Cabs CEO Hemant Bakshi quits, company plans to lay off 10% staff as part of restructuring exercise

OLA is a tough place to work

Heard lots of stories about the person on right. Too volatile, jittery.

Product Manager

What is happening with Krutrim? 
Can anyone from Ola confirm that is it just a wrapper over GPT or a legit ai model? The responses to answers are just terrible. It does not look like a beta product.

Krutrim AI

Frontend Engineer

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Ola's Bhavish Aggarwal launches Krutrim, India's own AI model.

Software Test - QA

Why tf does he have to pick a fight out of everything and make everything a lafda - off late he's been doing this too much.

Theek hai bhai, start another new thing before fixing existing businesses. Bring in nationalism into everything. Ather toh Made in India hai bhai and yes, they've built a 10x better machine compared to your toy.

Ban jao bhai desh bhakt - congrats on succesfully doing lafda everywhere :)

Saw this tweet in the morning, got so fucking annoyed that put in all the effort to find the marketing spends of Ola Electric from their IPO filings

Starting a small tradition of our own on Boxing Day: a roast of the Indian startup ecosystem!

Through the year, have seen some of the most Top Kek comments here, and I thought it’d be nice to do this for fun! 

Let’s keep it in good jest, no getting personal 🫣
Looking forward to some really creative burns!

PS: I do realize there’s no real correlation between Boxing Day and actual boxing :)

Boxing Day: A roast of Indian Startups 🥊

A very harsh year indeed 
 Almost 261k techies got laid off, and only 261 got laid :/ 
  
 (Sorry)

Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs  784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation

" but ola has innovation" , " kya matlab founder ke IIT se hone se valuation multiple jayada nhi hona chahiye" , " ola full indian saar. Support ola IPO saar. Lose your money while investors and founder make a lot saar" , " bro but ola founder ne Sanskrit waala chatgpt banaya hai. He sapports indian culture. So higher multiple to Banta hai" . 
  
  
 Prepare to hear this in coming days

Growth Manager

Software Engineer

With all these EVs catching fire and Ola not being able to turn a profit, Im curious to know if it really is a solid company or just an investor-money marketing hype? I mean most of the folks I know open Ola LAST, if Uber/Rapido/Blusmart haven’t worked. Ola E is also facing a lot of flak because its EVs are seeing the highest number of incidents. They’ve also had a string of CXOs come and go.

Are Ola + Ola E good companies? Like I’m curious to know what you guys generally think, even from a job perspective.

(PS, for the sake of transparency, I’m a journalist [you can drop me any scoops/leads at backgroundsources@proton.me] but this question has nothing to do with work — i’m seriously, genuinely curious about Ola and Ola Electric and Bhavish Aggarwal. Very few Ola folks speak about the internal goings on at the company)

Are Ola & Ola E good companies?

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- Ola Electric's market share dropped to 27% in September from 32% in August, with sales hitting an 11-month low. 
- The company has been facing issues with hardware malfunctions and customer complaints, receiving almost 80,000 complaints monthly. 
- Bajaj Auto is catching up, with its market share doubling over the last two quarters. 
- Ola Electric's share price fell below Rs 100 for the first time since its stock exchange listing in August. 
- Analysts predict Ola Electric's market share could decline to 25% over the next five years due to increased competition and changes in government policies.

Source: [The Arc](https://thearcweb.com/article/ola-electrics-sales-hit-an-11month-low-as-bajaj-gains-market-share-cOwqOlS4GzDBU4my)

Ola Electric Sales Dip as Bajaj Gains Market Share

Journalist

- **Krutrim AI's** business head, Ravi Jain, has resigned amidst the company's plans to develop India's first homegrown family of chips for AI.
- The company aims to launch the first chip by **2026** and Bodhi 2 by **2028**.
- Krutrim became India's first AI unicorn after raising a **$50 Mn** funding round in January.
- The startup plans to scale up its data centre capacity to **1 GW by 2028** from the current 20 MW.
- This development follows the resignation of Ola Cab’s CEO Hemant Bakshi and a layoff of around 10% of its workforce earlier this year.

Source: [Inc42](https://inc42.com/buzz/ola-krutrim-business-head-ravi-jain-resigns/)

Krutrim AI's Business Head Ravi Jain Resigns Amidst Expansion Plans

I remember there was a time I’d book a ride both on Uber and Ola, there was not so much to separate them.

Ola is messed up now. Extremely poor app (vs Uber), longer waiting times, higher fares

I know they’re focusing a lot on Ola Electric, but how does a company screw over their core business this way

Is this similar for everyone? Anybody who knows what the strategy Ola now is?

Has Ola completely given up? Are there actual PMs who work there?

Corporate Strategist

Our thread boi on Twitter did not write any thread about OLA electric IPO this time. In case you are wondering why, he works for DeVC which is subset of Matrix Partners and Matrix is an investor in OLA Electric.

To be honest I was really looking forward to his thread on how OLA EV would shape up.

Rahul Mathur did not write a thread on OLA Electric IPO

Ola doesn't have a design head now?

- Ola is entering the $5-billion quick commerce market, competing with Blinkit, Swiggy Instamart, Zepto, and Flipkart Minute.
- At its 'Sankalp' event, Ola explained its dark store concept, aiming to cut order processing time from four minutes to under one minute using automation.
- The quick commerce sector has become indispensable, with rapid growth since 2021, according to UBS analysts.
- Blinkit has been crucial to Zomato's growth, while Zepto is raising $1 billion, showing strong investor confidence.
- Ola's Bhavish Aggarwal plans to use robots in dark stores, unlike competitors who rely on human labor. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/companies/quick-commerce-wars-to-intensify-as-ola-enters-blinkit-swiggy-instamart-zepto-and-flipkart-minutes-turf-12797486.html)

Ola Enters Quick Commerce Market, Challenging Blinkit, Swiggy Instamart, Zepto, and Flipkart Minute

Ola might just win this by delivering to people even before they can even dream of buying something using AI and his electric spaceship

Brand Marketing Manager

This guy gets a lot of shit on linkedin, don’t know him personally so not sure if rightly so or not. 

People in Ola, how’s this whole make tech in india thing working out?

Is this even working? Or just another marketing gimmick?

Ex Ola here. Everything this guy says is sham. Ola is a shit hole. Stay away from anything Ola sells. For data point here's one: they have an employee churn rate of 50% every year (half of the company leaves every year)

Lead Data Scientist

Staff Engineer

Woah. That’s a big one.

Sales Manager

Analyst

Ola Electric IPO: 1st EV company to file for IPO today, first by an auto company in 20 years!

Strange that you need to run ads for this things

OLA Electric DRHP

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