Now, Ola Electric’s head of charging network quits; 32nd resignation in last two years

The high-profile exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as several startups' IPOs have proved to be a nightmare for the investors. Ride-hailing platform Ola recently shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into the 10-15 minute grocery delivery market.

from Tech-Economic Times https://ift.tt/M7d3u9y