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Ola GMV has crossed pre-pandemic levels, says CEO Bhavish Aggarwal

'Recovery from the second wave is 3 times faster. Clearly, India is up and about,' tweeted Aggarwal

Ola, Softbank, electric vehicles, Japanese investor Softbank, Ola Mission Electric, Chinam Netaji Patro, Bhavish Aggarwal, CEO of Ola, Mahindra Electric, Bhavish Aggarwal
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Bhavish Aggarwal, Co-founder and CEO of Ola Cabs | File photo

Peerzada Abrar Bengaluru
The gross merchandise value (GMV) of SoftBank-backed ride-hailing company Ola crossed the pre-pandemic levels in the week to August 31, said Ola chief executive officer (CEO) Bhavish Aggarwal on Tuesday. He said the recovery from the second wave of Covid-19 infections has been three times faster as compared with the first wave last year.
 
“India is moving again. Our Ola cabs GMV crossed pre-covid levels last week. Recovery from the second wave is 3 times faster. Clearly, India is up and about,” Aggarwal, the founder of the IPO-bound firm tweeted.
 
Aggarwal said the 10 million people used Ola

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