What are the levels in Ola Electric?

Expecting an offer soon, looking for levelling info in Ola electric. Levels fyi has no data

Looking for a product design lead job remote. Currently working as a lead and leading a team of 6+ designers in a electric vehicle org.

Any insight into what the price band would be?

The title. Looking for some insights into the pay range for Principal engineer at Ola. Grapevine salary insights don’t have any data for this.

I tried Ola ebike service for commuting a short distance ~ 5km. The experience was good and the fare was also cheap(50 Rs.). I spoke to the driver about earnings and whether he has to give EMI for the OE bike. Then he showed me the below table - how his earnings are calculated. I got shocked at seeing the high earnings amount - upto 4.5K daily which amounts to 1.35 lac monthly! He told me that Ola ebike is for short distances only - Upto 7-8 kms. And he is able to get average 3-4 rides in 1 hour, and he also doesn't have to pay for the vehicle rent. The Charging is also free at Ola Chargers. I couldn't help but wonder how can Ola sustain with this much spending. If they're giving upto 1lac to every driver and charging the user very less, that's a lot of cash burn.

The title. Looking for some insights into the pay range for Principal engineer at Ola. Grapevine salary insights don’t have any data for this.

- The public offering of Ola Electric was oversubscribed by 4.3 times on Tuesday, August 6, the final day of the issue. The company is raising Rs 6,145 crore ($732 million). - There was high interest from existing employees, who subscribed to the issue 11.7 times. However, the component reserved for them is the smallest at 0.84 million shares, which comes to about Rs 6 crore. - Institutional investors, for whom 75% of the issue was reserved, bid 5.3 times the allotted amount. The segment for non-institutional investors, like corporates and wealthy individuals, saw a subscription rate of over 2.39 times. - Retail participation was relatively strong at 3.86 times. - Ola Electric’s IPO involves a primary capital raise of Rs 5,500 crore and an offer for sale of Rs 645 crore. Early backers such as Tiger Global, Matrix Partners, and SoftBank are selling their shares in the secondary sale, besides founder Bhavish Aggarwal. Source: The Arc - https://thearcweb.com/article/ola-electric-ipo-subscribed-bhavish-aggarwal-ev-86C0N6fuifKQ2LEu

I got an offer from Ola Electric for a Senior Engineering role in Backend dev. Pay is good and team looks interesting too. But I am very apprehensive about their culture. Their glassdoor reviews are horrible and the recent interview in YS Bhavish gave was cringe max. I am a hard working guy, will do solid 8-10hrs 5 days a week. But it looks like that won’t be enough. One might be made to work late nights and weekends routinely from what I heard. And Bhavish saying he doesn’t believe in weekends has made me a lot more anxious. My current company is going through financial troubles. I will definitely have to move. I will get some other role though if I wait for a few weeks. Could someone working at Ola or with recent experience advise me here.

- Ola Electric Mobility shares debuted on August 9, trading at Rs 76, matching the IPO issue price. - The Rs 6,154-crore public offer, a mix of fresh issue and offer-for-sale, was subscribed 4.27 times. - Employees showed strong participation, purchasing 11.99 times the reserved portion. - The company plans to invest Rs 1,227.64 crore to expand its cell manufacturing capacity and allocate funds for debt repayment, research, and organic growth. - Both QIBs and retail investors demonstrated robust interest, with QIBs subscribing 5.31 times and retail investors 3.92 times their allotments. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/ola-electric-ipo-listing-stock-market-debut-rs-76-per-share-12791549.html)