Bhavish Aggarwal: News

22 May 2024


Ola shifts entire workload to in-house AI firm Krutrim Cloud

Indian multinational conglomerate, Ola, has successfully migrated its entire workload to its in-house artificial intelligence (AI) company, Krutrim.

11 May 2024


Ola to transition workload from Microsoft's Azure to Krutrim Cloud

Ola has announced plans to shift its entire workload from Microsoft's Azure cloud platform to its own Krutrim Cloud, within the next week.

04 May 2024


Bhavish Aggarwal-owned Krutrim launches AI chatbot app for Android

Krutrim, an artificial intelligence venture led by Bhavish Aggarwal of Ola, has introduced a dedicated Android app for its AI chatbot.

29 Apr 2024

Ola Cabs

Ola Cabs CEO resigns, company to axe 10% of workforce

Hemant Bakshi, the CEO of popular ride-hailing service Ola Cabs, has stepped down from his position.

Krutrim AI start-up making weekly improvements despite criticism

Krutrim, an AI start-up founded by Bhavish Aggarwal of Ola, is reportedly making weekly improvements despite facing user criticism since its public beta launch in February.

13 Mar 2024

Bajaj Auto

Ola Electric to launch 'Raahi' e-rickshaw this month

Bengaluru-based EV maker Ola Electric is preparing to unveil a new-age electric rickshaw, called Raahi, as part of its broader strategy to enter the commercial segment.

After Gemini, India's Krutrim AI chatbot faces flak for inaccuracy 

Krutrim, an AI start-up created by Ola founder Bhavish Aggarwal, unveiled an AI chatbot for public beta testing on February 26.

28 Feb 2024

Ola Electric

Ola's AI chatbot says rival Ather's EV is best

Ola's Krutrim AI chatbot has declared Ather Energy's 450X Gen3 as India's top electric scooter, ignoring the company's own flagship S1 Pro model.

26 Jan 2024


Ola's AI start-up Krutrim turns unicorn with latest funding round

Krutrim, an artificial inteligence start-up launched by Ola's founder Bhavish Aggarwal, has raised $50 million at a $1 billion valuation, making it India's first unicorn of 2024.

16 Jan 2024


National Startup Day: Meet the entrepreneurs shaping India's future

India, with its vibrant and diverse business landscape, has witnessed the rise of visionary entrepreneurs who have not only revolutionized industries but also left an indelible mark on the global stage.

31 Dec 2023

Ola Electric

You may soon be able to rent an Ola e-scooter

Ola Electric's CEO Bhavish Aggarwal recently shared his thoughts on X (formerly Twitter) about launching a rental service for its S1 electric scooters in tourist cities across India.

Meet Bhavish Aggarwal's Krutrim, India's answer to ChatGPT

Bhavish Aggarwal, co-founder of Ola, ventured into the world of artificial intelligence (AI) with Krutrim Si Designs.

26 Oct 2023

Ola Electric

Ola Electric raises Rs. 3,200cr to build Lithium-ion cell facility

EV maker Ola Electric has revealed that it has closed a funding round worth Rs. 3,200 crore (about $380 million).

Bhavish Aggarwal establishes AI start-up to develop large language model

Bhavish Aggarwal, the Indian entrepreneur behind ride-hailing giant Ola and electric vehicle start-up Ola Electric, is diving into the world of artificial intelligence (AI) with a new venture.

13 Jan 2023


Ola fires 200 employees as part of a restructuring exercise

Bengaluru-based ride-sharing company Ola is the latest to be hit by the layoff bug. Per Inc42, the company has laid off around 200 employees from some of its verticals.

24 Oct 2022

Ola Electric

Bhavish Aggarwal responds to toxic work culture allegations at Ola

Bhavish Aggarwal has one answer for those who are calling the workplace culture at Ola Electric toxic - "we're not here to have a nice, easy time."

13 Sep 2021

Ola S1 Pro

Ola Electric's Futurefactory to be run by 10,000+ women

Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.

27 May 2020

Ola Electric

Ola Electric acquires Etergo to launch e-scooters in India

Ola Electric Mobility, the EV unit spun out of ride-hailing giant Ola, has acquired Dutch electric scooter manufacturer Etergo.

20 May 2020


Ola lays off 1,400 employees due to COVID-19 pandemic

Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.

03 Jul 2019


Five of the most famous and successful alumni of IIT-Bombay

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.

11 Oct 2018

Sachin Bansal

Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola

In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.

07 Aug 2018


Ola expands to the UK to fight Uber internationally

Not to be outdone or intimidated by international ride-hailing giant Uber, Ola has decided to take the fight beyond India, its home-ground, to Europe.

08 Jun 2018


Ola: Began its journey in 1BHK, now worth Rs. 32,500cr

India's largest cab-hailing start-up Ola started its journey eight years back in 2010 from a 1BHK Mumbai apartment as its first office.

28 Mar 2017


Ola cabs to introduce fully electric taxis

ANI Technologies Pvt. Ltd., Ola Cabs' parent company, is set to introduce fully electric cars as Ola cabs on a pilot basis across major Indian cities within three months.