Raids, complaints and petitions put Ola Electric under intense public scrutiny

March 21, 2025

, By The Economic Times

Tech

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Raids, complaints and petitions put Ola Electric under intense public scrutiny

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Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric

Synopsis

Amid falling sales, revenues and stock price, Ola Electric’s claims, numbers and practices are under the spotlight.

This week, Ola Electric founder Bhavish Aggarwal has been meeting institutional investors in Mumbai. As his meetings were in progress, the transport department authorities inspected 10 Ola Electric experience centres in the city and seized vehicles. Coincidentally, the search carried out at Ola Electric premises and the seizure of its vehicles in…

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