India Finance News

Ola Electric and Bhavish Aggarwal have a problem. They are juggling too many things. – Economic Times

Bhavish Aggarwal, co-founder and CEO, Ola

SynopsisFrom scooters to motorcycles to three-wheelers to cars, Ola Electric wants to make them all in the next two to three years. Bhavish Aggarwal has already chopped much of the broad path to diversification he had taken for Ola Cabs. Will he be forced to choose his battles in his electrification journey as well?

Ola Electric has thus far raised USD866 million, becoming the most-funded electric two-wheeler startup in India. That is cash-rich enough to revolutionise the country’s electric two-wheeler ecosystem, one would think. Trouble is, two-wheelers are not the only thing that Ola founder and CEO Bhavish Aggarwal wants to ride. Ola Electric and its management may be trying to bite off more than they can chew. To reach the finishing line, the company

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