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Ola Electric’s statutory auditors flagged ‘material weakness’ for in-physical verification of scooters at its stores and state distribution centres for one of its wholly-owned subsidiaries
Its subsidiary Ola Electric Technologies Pvt Ltd also faced a “suspected fraud” in FY25, committed by its employees involving an amount of over INR 1 Cr, the auditor remarked in the company’s annual report
The company faced public backlash over poor after-sales service, violations of…
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Ola Electric’s statutory auditors flagged ‘material weakness’ for in-physical verification of scooters at its stores and state distribution centres for one of its wholly-owned subsidiaries
Its subsidiary Ola Electric Technologies Pvt Ltd also faced a “suspected fraud” in FY25, committed by its employees involving an amount of over INR 1 Cr, the auditor remarked in the company’s annual report
The company faced public backlash over poor after-sales service, violations of…
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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