• Ola CEO Bhavish Aggarwal said, "We are a very hardworking company...we are not here to make a Me-Too product or a company." We are not here to have a good easy time and make money'.
Ola Group founder and CEO Bhavish Aggarwal has said that there is room for "ambitious" and "aspirational" people in his company. Agarwal's statement comes after a Bloomberg report alleged a toxic work culture at the company.
During an event at the Ola campus in Bengaluru, Agarwal said that Ola is for those who want to leave a legacy behind by being a part of the electric vehicle revolution in the country.
“We are a very hardworking company… We are not here to make me even a product or a company. We are not here to have a good easy time and make money, obviously all those things will happen. But here we are To follow our dreams and follow our mission,” the Ola co-founder said on Saturday.
Recently, a Bloomberg report alleged a hostile work culture at Ola. The report quoted some former and current employees alleging that Agarwal often loses control.
According to current and former employees cited by Bloomberg, at meetings, Agarwal sabotaged presentations due to a missing page number, directed Punjabi adjectives at staff, and called the team "worthless".
Executives interviewed said meetings scheduled for an hour often go on for 10 minutes because Agarwal would lose patience over a memo, a crooked paper clip or a frivolous sentence in the quality of the printing paper.
The report also mentioned that an Ola Future factory worker was asked to take three rounds around the multi-acre plant after Agarwal noticed a closed entryway that should have been left open.
On Saturday, Agarwal told the media, "My style is probably more aggressive than that of the average new-age entrepreneur. We have a culture of influence, competence, high quality and execution," he said.
Agarwal said that the opportunity given to the firm is huge in creating the future and the paradigm that the world will follow.
“True business creation is like sports. And a game environment is not one where you have nine to five (work). Ola is really a place for ambitious and ambitious people who want to leave a legacy for themselves and, Tell the stories after a few years of how they were part of the (EV) revolution," said the Ola boss.
Currently, Ola Electric is increasing the production of its e-scooters and parallelly expanding the capacity at its factory in Krishnagiri in Tamil Nadu.
The company, which launched its new S1 Air electric scooter at a starting price of Rs 79,999, said that it will also foray into electric motorcycles by next year.
“We are working on some very exciting concepts. Next year, we will definitely launch…” I am personally very excited about the motorbike segment and you will see some very big promise on that next year.
The company, which forayed into the green mobility space in August last year with the launch of its electric scooters, the S1 and S1 Pro, priced at Rs 99,999 and Rs 1,29,999 respectively, has postponed the delivery deadlines for its much-awaited products. Was. Citing the issue of global semiconductor shortages.
The company started the online purchase process in September 2021 after introducing reservations for the S1 Pro and S1 at Rs 499 in July last year and initially plans to start deliveries in October, but later by November and then in the second half of December. In part it was carried forward. year.
In January this year, the company had informed customers that it would prioritize production of the S1 Pro model and that the S1 manufacturing has been shifted to the end of 2022, Agarwal said, adding that it would move all its S1 customers to the S1 Pro hardware. Upgrading.
Later, in September, it resumed sales of the S1. Apart from the delay in delivery, the incidents of fire in the company's electric scooter left consumers upset. In April this year, Ola Electric recalled 1,441 units of its electric two-wheelers after a fire incident.
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