Ola

Public markets-bound Ola Electric on Friday unveiled a 4 kilowatt-hour (kWh) variant of its S1 X scooter, along with an extended warranty for all its products and expansion of its charging and servicing networks.The electric scooter market leader said the S1 X range would be available for purchase immediately, with delivery starting by April this year. It will be available in three different power ranges - the 2 kWh priced at Rs 79,999, the 3 kWh priced at Rs 89,999, and the 4kWh priced at Rs 109,999.Elevate Your Tech…

As electric vehicles are becoming increasingly popular in the country, people are facing new types of problems. Recently, a short video shared on the popular social media platform Instagram has shed light on the amusing struggles faced by EV owners in apartment complexes. The video shows how an Ola Electric scooter owner used his brain to find a way around the problem of the parking not having an electric scooter charging point. Over the last few days, this video has gone viral and has garnered a lot of eyeballs with…

Ola's Bhavish Aggarwal-backed Krutrim has raised $50 million in funding, with Matrix Partners India to become India's first AI startup to get the Unicorn status. Now, the company plans to expand beyond language models, venturing into the development of data centres…

Despite some niggles faced by owners initially, the Ola S1 has evolved with changes that ensured better quality levels with time. The owners too are taking note of these changes and have tried to gain traction on the internet by testing its quality levels through various tests. This time, we came across a video in which an Ola S1 owner tried to test the quality of accessories available for the scooter by letting it undergo a rather weird test of hanging it on a crane. In an Instagram video shared by a user named…

Krutrim AI has raised $50 million at a valuation of $1 billion, becoming India’s first unicorn startup of 2024 and the first homegrown artificial intelligence firm to reach the milestone.The AI firm, founded by Ola Electric’s Bhavish Aggarwal, raised the capital from investors led by venture capital fund Matrix Partners India. Unicorns are privately-held startups valued at $1 billion or more.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product…

Ride-hailing company Ola Mobility plans to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year. The company on Friday announced the launch of e-bike service in Delhi and Hyderabad. In September 2023, Ola had launched a pilot project of e-bike service in Bangalore. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 billion. The startup, founded last year, is the fastest to become a unicorn in India, it claimed in a press statement. It’s also the first Indian AI startup to become a unicorn, it said. Matrix Partners India — which has also backed Aggarwal’s other two startups, ride-hailing platform Ola and EV startup Ola Electric — led the $50 million “first round” in Krutrim. TechCrunch…

Wide electrification of its fleet and premiumisation will drive growth for ride-hailing company Ola Cabs, new chief executive Hemant Bakshi said on Thursday. The firm, he said, had turned profitable based on earnings before interest, taxes, depreciation and amortisation (Ebitda) in the fiscal year ended March 31, 2023.The standalone ride-hailing business posted Ebitda of Rs 250 crore, Bakshi said, against an Ebitda-level loss of Rs 66 crore in the preceding fiscal year. Revenue grew 58% to Rs 2,135 crore in FY23, he said,…

Last Updated: January 16, 2024, 10:38 ISTOf the 44,000 respondents from 276 districts of India, around 75% flagged drivers cancelling the ride as the biggest issue they faced with taxi aggregators. (Getty Images)Of those who faced cancellations, 79% said the rides were cancelled when the driver learnt of the destination and 47% said they faces such issues when the driver got to know that the mode of payment would be digital and not cashAround 84% taxi app consumers surveyed said they faced cancellations after the cab…

Last Updated: January 22, 2024, 15:15 ISTOla Electric's MoveOS 4 Software Offers Over 100 Features. (Photo: Ola Electric)Ola Electric releases MoveOS 4 update for electric scooters, featuring 100+ features including Ola Maps, Ride Journal, anti-theft alarm, and biometric app lock.Ola Electric rolled out the MoveOS 4 software update for its electric scooters recently.The majority of the outstanding models are expected to receive the newly introduced software via over-the-air (OTA) updates in the next few days.The MoveOS 4…