Ola Boardroom Row Pits Softbank Against Bhavish Aggarwal

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Ola founder Bhavish Aggarwal is investing $230 million into his AI startup Krutrim, aiming to raise a total of $1.15 billion by next year. Krutrim has open sourced its AI models and plans to build India’s largest supercomputer in partnership with Nvidia. The startup has developed Krutrim-2, a 12-billion parameter language model optimized for Indian languages, achieving Can Bhavish Aggarwal fix Ola Electric’s problems — or is he one of them?

EV service infrastructure an industry-wide challenge, not just Ola's ...

Do you know who actually owns Ola Electric?It’s not just Bhavish Aggarwal!From SoftBank Vision Fund to retail investors, this short video breaks down the ful Just two years ago, Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off. Flipkart co-founder Sachin Bansal total investment in Bhavish Aggarwal’s Ola now stands at ₹650 crore.Sachin Bansal as an investor gives Bhavish Aggarwal more leverage in the boardroom battle

Bhavish Aggarwal Hints at Futuristic Collab with Tokyo-based SoftBank

Aggarwal’s stand against SoftBank has come at a cost: a delay in fund-raising and a lower-than-expected increase in Ola’s valuation.

Bengaluru: It is well-known that Ola co-founder and chief executive Bhavish Aggarwal used to obsessively track the strategy and tactics deployed by Travis Kalanick, the co-founder of Uber. What isn’t that well-known is that the goings-on at Ola’s neighbour, Flipkart, and Snapdeal have left more of a mark on Aggarwal.

In an interaction with YourStory Founder and CEO Shradha Sharma, Bhavish Aggarwal speaks about his journey, learnings, mentorship, One of my highlights from last year was visiting Ola’s Futurefactory. Seeing it firsthand, you realize—Bhavish Aggarwal and his team have made an audacious bet on India’s manufacturing

Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank Group CorpAggarwal has grown concerned about its influence as SoftBank took a stake in his archrival, Uber Bhavish Aggarwal, the CEO, and Co-Founder of Ola Cabs and the founder of Ola Electric, is one of India’s most well-known entrepreneurs. His journey from an IIT Bombay graduate to becoming the face of a multi-billion-dollar transportation empire has been nothing short of inspiring.

Ola: The rise and wobble of India’s EV pioneer Ola

Bhavish Aggarwal on Tuesday announced an investment of ₹2,000 crore in Krutrim, with a „commitment“ to pump an additional ₹10,000 crore into his artificial intelligence (AI) venture by next year. Ola Electric Co-founder and Chief Executive Officer, Bhavish Aggarwal, stands to earn around Rs 288.15 crore from the company’s upcoming initial public offering, if he sells stake at the upper end of the price band of Rs 76 per share. Aggarwal holds 1,36,18,75,240 equity shares of Ola Electric, representing 36.94% stake of the company. Ola CEO Bhavish Aggarwal, who was involved in a heated exchange with comedian Kunal Kamra last week, is back in the spotlight, this time for an old interview.

ALSO READ: Ola Electric Share Price Falls 3% To Touch New 52-Week Low After Company Reports Loss In Q2 The SoftBank-backed company did not immediately respond to the development. Ola’s founder-CEO Bhavish Aggarwal has termed the issues in the e-scooters as ‚minor‘ problems of loose parts or customers‘ unfamiliarity with the product Ola CEO, Bhavish Aggarwal, recently had a significant meeting with Union Minister Ashwini Vaishnaw to discuss the advancements of his AI startup, Krutrim. The meeting hints at potential policy discussions and government support, setting the stage for India’s rise in the AI sector. Amidst polarizing reactions from netizens, Aggarwal’s India-centric approach positions Mumbai: Bhavish Aggarwal-led Ola Electric, which makes key product and strategy announcements on Independence Day every year, on Friday said the company is eyeing a new motorcycle called

Who is Bhavish Aggarwal: The co-founder and CEO of Ola; know about his ...

Ola CEO Bhavish Aggarwal positioned the company as Tesla’s two-wheeler equivalent, solving the emissions problem for the price-sensitive Indian market. He poured in millions of marketing dollars The company, in an exchange filing, further said that the petition, submitted before NCLT’s Bengaluru Bench, alleged to default in payment towards the Mobility company Ola’s founder Bhavish Aggarwal on Tuesday announced the launch of the Krutrim AI Labs to develop artificial intelligence (AI) specifically designed for India. As part of this

Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank Group Corp.Aggarwal has grown concerned about its influence as SoftBank took a stake in his archrival Bhavish Aggarwal, founder and chief executive officer of Ola Electric Mobility Ltd., paid about ₹20 crore ($2.3 million) in cash to top up

Japan’s SoftBank Group Corp. is in the midst of a boardroom battle with Bhavish Aggarwal, co-founder and chief executive of cab-hailing firm Ola, according to two people familiar with the matter.

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Ola Electric Mobility Ltd, led by Bhavish Aggarwal, is laying off more than 1,000 employees and contract workers in an effort to curb rising losses, according to a Bloomberg report. The job cuts affect multiple departments, including procurement, fulfilment, customer relations, and charging infrastructure, as the electric two-wheeler (2W) maker undergoes a

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Challenges and Triumphs For Bhavish Aggarwal, establishing Ola from scratch was difficult due to intense competition, regulatory obstacles, and the perpetual challenge of securing ample funding to run the company. When his ride-hailing service, Ola, started in India, many people believed it would not work there but because of his inspirational leadership, swift adaptation to rapidly

Bhavish Aggarwal Biography: Bhavish Aggarwal is a well-known name in the Indian tech industry, famous for founding Ola, one of the biggest ride-hailing companies in the country. Born on August 28, 1985, in Ludhiana, Punjab, and currently 39 years old, he stands as a successful entrepreneur who has not only changed the way people travel but also ventured Home Trending News Bhavish Aggarwal Hints at Futuristic Collab with Tokyo-based SoftBank Bhavish Aggarwal Hints at Futuristic Collab with Tokyo-based SoftBank Ola Founder Bhavish Aggarwal said it felt great to meet SoftBank founder Masayoshi Son and mentioned their „energizing“ discussion on AI, AGI, Energy, and India. Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms.

Ola Electric CEO Bhavish Aggarwal, in his characteristic bold style, extended congratulations to co-founder and CEO Tarun Mehta and the whole Ather Energy team. Bhavish Aggarwal, founder and chief executive officer of Ola Electric Mobility Ltd., paid about 200 million rupees ($2.3 million) in cash to top up collateral for borrowings against shares Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank. #ola #BhavishAggarwal #softbankdeal Read why Bhavish Aggarwal turned down a $1.1 billion Softbank deal.

Bhavish Aggarwal is the Founder, Chairman and Managing Director and the Promoter of our Company. He holds a

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