#Bhavish Aggarwal

[bhaskarlive]

After Microsoft Azure, it’s time for Indian developers to exit Google Maps: Ola CEO

Bhavish Aggarwal, co-founder and Chairman of the Ola group, said on Monday that after exiting Microsoft Azure Cloud, it is time for the developers to shun Google Maps, as he announced one-year free access to all developers to Ola Maps on AI-driven Krutrim platform, along with more than Rs 100 crore in free credits.

Last week, the ride-hailing company Ola exited Google Maps and shifted to in-house Ola Maps for cab operations. The move has apparently saved the company nearly Rs 100 crore a year.

Source: bhaskarlive.in

[harshpanda4658]

Bhavish Aggarwal Transforming Transportation With Ola Cabs - Nishant Verma

Bhavish Aggarwal is a prominent figure in the world of technology and transportation. He is the co-founder and CEO of Ola Cabs, commonly referred to as Ola, which is one of India’s leading ride-hailing and mobility companies. Bhavish Aggarwal’s journey from a young entrepreneur with a vision to a key player in India’s transportation sector is nothing short of inspiring.

Bhavish Aggarwal’s educational background lays the foundation for his journey into entrepreneurship. He holds a degree in Computer Science and Engineering from the prestigious Indian Institute of Technology (IIT) Bombay. His academic prowess and technical skills would prove to be invaluable as he ventured into the world of startups and technology-driven solutions.

Visit us - Nishant Verma

[trendingwatch]

ओला इलेक्ट्रिक नवंबर 2023 तक 10 लाख यूनिट का उत्पादन करेगी: सीईओ

ओला इलेक्ट्रिक नवंबर 2023 तक 10 लाख यूनिट का उत्पादन करेगी: सीईओ

ओला इलेक्ट्रिक नवंबर 2023 तक 10 लाख यूनिट के संचयी उत्पादन को छू लेगी, सीईओ ने कहा। (फाइल) नई दिल्ली: ओला इलेक्ट्रिक अपने संस्थापक और मुख्य कार्यकारी अधिकारी (सीईओ) भाविश अग्रवाल द्वारा साझा किए गए आंकड़ों के एक नए सेट के अनुसार, नवंबर 2023 तक 10 लाख यूनिट के संचयी उत्पादन को छू लेगी। इससे पहले कंपनी ने कहा था कि उसके कारखाने में प्रति वर्ष 20 लाख यूनिट की वर्तमान क्षमता है और यह अगले छह से आठ…

[reportwire]

Bhavish Aggarwal called teams ‘useless’, directed Punjabi epithets at staff: Report

Bhavish Aggarwal called teams ‘useless’, directed Punjabi epithets at staff: Report

Ola co-founder Bhavish Aggarwal’s management style has raised concerns among managers and board members at Ola Electric, according to a report. His “relentless pace and management style” has reportedly raised questions on safety and the business model, stated a report following interviews with about two dozen former and current employees. This comes amid two-wheeler supply chain woes and dip in…

[6nikhilum6]

India’s Startup Surge: How Visionaries are Transforming Innovation

Ola, launched by Bhavish Aggarwal and Ankit Bhati, has revolutionized India’s transport sector. Since its inception, Ola has grown into one of the world’s largest ride-hailing companies, thanks to its technological advancements, strategic partnerships, and commitment to customer service. In the realm of digital payments, Paytm, founded by Vijay Shekhar Sharma in 2010, has made a significant…

[voiceofentrepreneurlife]

‘Any mechanic or garage will soon be able to service your Ola Electric scooter,” said CEO Bhavish Aggarwal

Co-founder of Ola Electric, Bhavish Aggarwal, declared that the Open Network for Digital Commerce (ONDC) will soon offer the company’s products. Aggarwal asserted in a recent tweet that Ola Electric scooters can be serviced by any garage. Ola Electric’s reliance on approved service centers has occasionally resulted in lengthy wait times. For Ola Electric customers, the latest news may facilitate quicker access. 

Aggarwal stated in a tweet, “This implies that any garage will be able to purchase @OlaElectric replacement components and repair our scooters! Soon, any garage or mechanic will be able to service your Ola Electric scooter.

The Ola S1 X series, Ola S1 Pro, and Ola S1 Air are among the items from Ola Electric that will be available on ONDC as of next week. With this action, Ola Electric scooters will be more widely available and easier for Indian customers to buy and maintain.

Ola Consumer announced integration with the Open Network for Digital Commerce (ONDC) during the August 15 Sankalp 2024 event. In addition, they unveiled a new loyalty program, automated warehousing, AI-driven product discovery, accessible loan alternatives, and 100% electric logistics.

Bhavish Aggarwal recently introduced Ola Electric’s new electric motorcycles and showcased the company’s homegrown battery cells and packs, along with the new Gen-3 platform and MoveOS 5. Read More-https://voiceofentrepreneur.life/

[luminarytimesmedia]

Ola Electric Stock Jumps as Excitement Builds for Independence Day Launch

Ola Electric shares have been on an impressive upward trajectory since their debut at 776. Rising rapidly, the stock has seen a 58% increase in just three days, driven by investor enthusiasm. On August 13, shares surged over 18% to 7129.40, marking a continuation of the company's strong performance.

This rally comes just before Ola Electric's Qi results announcement on August 14. Investors are eagerly awaiting the company's first financial report since listing. The Bhavish Aggarwal-led company will hold a board meeting to review and approve its unaudited financial results for the quarter ending June 30, 2024.

Read More: https://luminarytimes.com/ola-electric-stock-jumps-as-excitement-builds-for-independence-day-launch/

[dailyreportonline]

Ola Electric Bike to Launch in India on August 15: Everything We Know so Far | Daily Reports Online

Ola Electric bike is scheduled to launch in India on August 15 at its annual event dubbed “Sankalp 2024” held at the FutureFactory in Tamil Nadu. The two-wheeler electric vehicle (EV) is expected to be the Bhavish Aggarwal-led company’s first-ever bike. It will join the Ola S1X, S1 Air, and S1 Pro in its fleet of electric two-wheelers in the Indian market. While little is known, Ola has teased…

[gazetteweekly]

Ola Electric IPO: Prices Set at Rs 72-76 Per Share, Aiming to Raise Over Rs 6,100 Crore

Ola Electric Mobility Limited, the Bengaluru-based electric vehicle (EV) manufacturer, has announced the price band for its upcoming initial public offering (IPO). The shares will be offered at a price range of Rs 72–76 each, with the IPO set to open for subscription on August 2 and close on August 6. Investors can bid for a minimum of 197 shares and in multiples of 197 shares thereafter.

IPO Details

. Price Band: Rs 72–76 per share

. IPO Opening Date: August 2

. IPO Closing Date: August 6

. Minimum Bid: 197 shares

At the upper end of the price band, Ola Electric aims to raise Rs 6,145 crore, while the lower end targets Rs 6,111 crore. The IPO will consist of a fresh issue of up to Rs 5,500 crore and an offer for sale (OFS) of up to 8.49 crore shares worth Rs 645 crore. There is also a reservation for eligible employees.

Use of Proceeds

According to Bhavish Aggarwal, Chairman and Managing Director of Ola Electric, the proceeds from the fresh issue will be allocated as follows:

Rs 1,227.6 crore for capital expenditure by subsidiary OCT

Rs 800 crore for repayment or pre-payment of debt

Rs 1,600 crore for research and product development

Rs 350 crore for organic growth initiatives and general corporate purposes

Company Overview

Ola Electric specializes in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames, at its Ola Futurefactory. The company aims to capitalize on the growing trend of EV adoption in India and plans to expand into select international markets.

Since delivering its first model, the Ola S1 Pro, in December 2021, Ola Electric has quickly become a leading electric two-wheeler (E2W) brand in India. The company has also introduced additional models, including the Ola S1, Ola S1 Air, and Ola S1 X+.

Future Plans

Ola Electric’s vertically integrated business model includes in-house R&D, manufacturing, supply chain management, and a direct-to-consumer (D2C) omnichannel distribution platform. The company plans to use its Generation 2 platform, initially developed for the Ola S1 scooter, for a new motorcycle range featuring four models: Diamondhead, Adventure, Roadster, and Cruiser.

The company’s facilities include a Futurefactory, Gigafactory, and a Battery Innovation Centre in Bengaluru, with ongoing construction of an EV hub in Tamil Nadu’s Krishnagiri and Dharmapuri districts.

As Ola Electric prepares for its IPO, the company’s focus on innovation and expansion continues to position it as a key player in the EV industry.

[taaza-khabar]

Ola Electric sets price band of Rs 72-76 a share for IPO

Promoters Bhavish Aggarwal, and Indus Trust will be selling 3.79 crore and 41.79 lakh equity shares respectively in the OFS. The issue comprises a fresh issue of Rs 5500 crore and an offer for sale of upto 84.94 million. On the upper price band, OFS comes at Rs 645.96 crore. The total issue size will be at Rs 6145.96 crore. Ola Electric Mobility Ltd has set a price band of Rs 72-76 a share for…

[ciolookindia]

The Innovative Leaders Behind India’s Startup Revolution

Building Bharat’s Businesses

India, often referred to as Bharat in its cultural and historical context, is witnessing a transformative era of entrepreneurship and innovation. The Indian startup ecosystem, once nascent, has blossomed into a powerhouse, driving significant economic growth and social change. At the heart of this revolution are the visionary leaders who are steering the ship, building businesses that are not only transforming the Indian economy but also making a mark on the global stage.

The Rise of India’s Startup Ecosystem

Over the past decade, India has emerged as one of the fastest-growing startup ecosystems in the world. With over 60,000 startups across various sectors, India is now the third-largest startup hub globally, trailing only the United States and China. The startup ecosystem in India is characterized by a diverse range of industries, from technology and healthcare to agriculture and fintech, reflecting the country’s vast and varied market landscape.

Tech Titans: Pioneers of Digital Transformation

The technology sector has been at the forefront of India’s startup revolution. Leaders in this space have leveraged India’s vast talent pool and technological prowess to create groundbreaking solutions that are transforming industries. Founders like Nandan Nilekani of Infosys and Bhavish Aggarwal of Ola have set new benchmarks in the tech industry, building companies that are not only leaders in India but are also recognized globally.

Healthcare Innovators: Revolutionizing Patient Care

In the healthcare sector, visionary leaders are disrupting traditional models of care delivery and making healthcare more accessible and affordable. Entrepreneurs like Dr. Shashank ND of Practo and Sameer Maheshwari of HealthKart are pioneering new approaches to healthcare, from telemedicine and online pharmacies to health supplements and wellness products.

Agritech Trailblazers: Transforming Agriculture

Agriculture remains a critical sector in India, employing a significant portion of the population. Innovative leaders in the agritech space are transforming traditional farming practices and improving productivity through technology. Entrepreneurs like Shashank Kumar of DeHaat and Karthik Jayaraman of WayCool are pioneering new approaches to agriculture, from supply chain optimization to precision farming.

Fostering a Culture of Innovation Innovative leaders in India are creating a culture that encourages creativity, risk-taking, and continuous learning. They inspire their teams to think outside the box and come up with new ideas that challenge the status quo. This culture of innovation is crucial for the growth of startups and the development of new products and services that cater to the changing needs of consumers and businesses.

Leveraging Technology Leaders in the Indian startup ecosystem are harnessing the power of technology to drive innovation and create competitive advantages. They are investing in research and development, adopting advanced technologies, and using data-driven approaches to make informed decisions. This focus on technology is key to driving disruption and staying ahead of the competition.

Building Strong Networks Innovative leaders are leveraging their networks to provide startups with access to resources, expertise, and opportunities. They collaborate with other industry leaders, investors, and stakeholders to create an ecosystem that supports the growth and success of startups. These networks are crucial in helping startups navigate challenges and scale their businesses.

The Future of India’s Startup Revolution

The future of India’s startup ecosystem looks bright, with significant opportunities for growth and innovation. The government’s supportive policies, coupled with the increasing availability of venture capital and a growing pool of talented entrepreneurs, will further fuel the growth of the startup ecosystem in India.

Read More: https://ciolookindia.com/the-innovative-leaders-behind-indias-startup-revolution/

Source: https://ciolookindia.com/

InnovativeLeaders #IndiasStartupRevolution #BharatsBusinesses #SuccessStoriesofEntrepreneurs #BestBusinessMagazineInIndia #topnotchbusinessstoriestoendure #BestEntrepreneurMagazines

[secretstalks]

Bhavish Aggarwal statement Discusses Ola Electric IPO and the Company’s Mission

Bhavish Aggarwal, the CEO of Ola Electric, highlighted the company's rapid and aggressive scaling, noting that electric vehicles (EVs) represent the most significant shift in the automotive industry in a century. During the press conference for the company's initial public offering (IPO), Aggarwal emphasized Ola Electric's mission to establish India as a global hub for EVs.

Aggarwal's remarks reflect a focus not just on market share, but on inspiring consumer imagination with their new Roadster launch. He discussed the company's consistent growth trajectory and large potential in the EV sector, pointing out that even established players are entering the market.

Ola Electric’s business strategy is built on three main pillars: in-house research and development (R&D), a robust manufacturing and supply chain, and a direct-to-consumer (D2C) omnichannel distribution model. As of the first quarter of FY25, the company has launched seven products, announced four more, and holds a 39 percent market share in India's EV market.

READ MORE

[adityaypi]

Ola cabs will no longer run on Google Maps

Ola cabs will no longer run on Google Maps Online cab service company Ola will no longer use Google Maps. It will now use its own map. Ola cabs have launched their own map. It has been named Ola Map. The company’s CEO Bhavish Aggarwal has announced this on X. He said, many more new features will be added to Ola Map in the coming time. Such as Street View, Udi Map, Neural Radiance Fields, Indoor…

[6nikhilum6]

Ola’s Bhavish Aggarwal Suggests for Rupee Symbol on Keyboards, Sparking Online Debate

Why do people, especially in the financial world, still use INR instead of ₹ !! — Bhavish Aggarwal (@bhash) August 24, 2024 The post, which quickly went viral with over 1.1 million views, has drawn mixed reactions. Some users defended the dollar sign, pointing out its significance in programming and other technical fields. One commenter explained, “The $ symbol is crucial in programming languages…