New Delhi, , Two more top executives of Ola Electric, which is preparing for an IPO early next year, have left the company.
According to a report in Money Control, head of strategy and planning Slokarth Dash and head of growth and corporate affairs Saurabh Sharda have left the company.
Ola said in a statement that Slokarth and Saurabh have performed well for the company for more than seven years and we wish them all the best for their future.
However, the company denied that more CXO-level members are set to leave the company. A company spokesperson said, “India is the hub of the future of technology and top global talent is eagerly looking for new-age companies like ours.” Are joining. “Ola is India’s largest EV company, thanks to the efforts of our world-class team.” Ola Electric reported an operating loss of $136 million (about Rs 1,116 crore) and revenue of $335 million (about Rs 2,750 crore), which The company has reported sales of more than 1.5 lakh electric scooters in FY23. In the first two months of the financial year 2022-23, Ola Electric claimed to have crossed Rs 500 crore in revenue and was on track to cross $1 billion by the end of the year. Meanwhile, leading US asset manager Vanguard halved its stake in ride-hailing major Ola. The valuation of the Bhavish Aggarwal-run company has dropped from $7.3 billion to around $3.5 billion at the end of 20211, according to TechCrunch earlier reporting.
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