Bhavish Aggarwal Plans To Shift Ola Brand IP To Family Office: Report

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SUMMARY

Ola brand’s IP is currently controlled by ANI Technologies

The potential reorganisation is facing resistance from ANI shareholders, who fear losing out on the royalty income

This comes at a time when Ola Maps was reportedly transferred from ANI to Krutrim AI with its assets valued at INR 40 Cr

Bhavish Aggarwal is reportedly planning to transfer the intellectual property (IP) rights for the Ola brand to a new holding company controlled by his family office.

The IP is…



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Bhavish Aggarwal Plans To Shift Ola Brand IP To Family Office: Report


SUMMARY

Ola brand’s IP is currently controlled by ANI Technologies

The potential reorganisation is facing resistance from ANI shareholders, who fear losing out on the royalty income

This comes at a time when Ola Maps was reportedly transferred from ANI to Krutrim AI with its assets valued at INR 40 Cr

Bhavish Aggarwal is reportedly planning to transfer the intellectual property (IP) rights for the Ola brand to a new holding company controlled by his family office.

The IP is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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