Business Standard

Sunday, December 22, 2024 | 09:15 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ola puts electric plan in top gear, rejigs management to bolster project

The company, according to sources, is diverting a part of its manpower from teams which mainly manage Foodpanda and Ola Play

Ola cabs, Ola electric vehicles
Premium

Karan ChoudhuryPatanjali Pahwa Bengaluru/Mumbai
Freshly-crowned unicorn Ola Electric Mobility has been on an overdrive to bolster its team to take its electric vehicle and solutions initiative forward. 

The company, according to sources, is diverting a part of its manpower from teams which mainly manage Foodpanda and Ola Play.

Some of the mid to senior level managers, executives, vice-presidents and engineers have been shifted to the Ola Electric team over the last few weeks. 

The drive has gained further momentum after it managed to again get back into SoftBank Group’s good books and got a massive $250 million cheque from the Masayoshi Son-led global conglomerate. Some of the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in