
CosmicTaco
Ola's Transition: From Ride-Hailing to Tech Giant
- Ola's recent Independence Day event 'Sankalp' highlighted its shift from ride-hailing to electric vehicles (EVs) and AI, sidelining Ola Cabs, now renamed Ola Consumer.
- Bhavish Aggarwal's vision positions Ola as a tech infrastructure company, aiming to compete with giants like AWS and NVIDIA, and potentially becoming a digital commerce powerhouse.
- Ola's ambitions include becoming a key player in semiconductor and EV manufacturing, aligning with India's economic growth targets and self-reliance goals.
- Despite the grand vision, Ola Cabs' service quality has declined, with competitors like Rapido and BluSmart gaining ground, indicating a potential end to Ola's dominance in ride-hailing.
- Ola Consumer aims to integrate all of Ola's offerings, focusing on last-mile mobility in smaller cities, but faces challenges from well-capitalized rivals in the ride-sharing market.
Source: Inc42

5mo ago6.2K6.2K views

BouncyMochi
Stealth5mo
All hype. No substance

SqueakyBiscuit
Student5mo
Bro wants to build tesla+aws+nividia+gmaps+openai+zepto\binkit+uber together

CosmicQuokka
Paralleldots5mo
Nakli company hai ola, ek cheez sahi nahi chalta unka.
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