The Internet is full of memes on Ola founder, Bhavish’s claims that Ola is the world’s fourth largest EV company in the world* (* = excluding China).
This has become a meme, but here are some harsh truths about Ola business
- The main product, i.e. Ola cabs is literally a non-existent one now.
- Ola EV had a very high burn rate. Most of the earlier incidents around EV catching fire were from Ola (curious: what’s the latest data?)
- Ola’s customer service is really a fictitious story. The Internet is full of tweets/videos about one’s bike being lying idle and no help from Ola’s customer care.
- Ola is being sued by MapMyIndia for copying its data
- Ola is accused of copying images from Hero Tech’s Germany website (btw, this isn’t anything new for the company - they even copied their splash screen in the first version of the product)
- Krutrim / AI stack is..meh
(though I like the fact that Bhavish is moving away from consumer play, i.e. chatbot to infra play - i.e. Krutrim cloud).
But in spite of all this:
