What’s new at Ola Electric? - Indian Startup News 302 [8NVTDbUfW0P]
- Download Finanjo here 00:00 – Introduction 01:04 – The Collapse: From Market Leader to 5% Share 02:13 – The Problem with Ola’s Futurefactory 04:38 – Ola Shakti: Bhavish Aggarwal’s New Dream 07:27 - Quick News 10:39 – Funding News In this week's episode of Backstage with Millionaires, we dive deep into the challenges faced by Ola Electric. Despite having built the largest two-wheeler factory in the world at a staggering cost of ₹2,400 crores, the company is struggling with severe underutilization of its factory capacity. From leading the electric two-wheeler market to losing massive market share, we explore the downfall of Ola Electric, its move to cut costs, and Bhavish Aggarwal’s new product pitch — Ola Shakti, aimed at the home backup power market. We also touch on key funding news, including updates on Livspace’s layoffs, LAT Aerospace’s acquisition of Sharang Shakti, and other interesting developments. Tune in for an insightful analysis on Ola’s future and more from the Indian startup world. Catch the full video and don't forget to subscribe for more weekly updates on the latest in the Indian startup ecosystem. Disclaimer: Zero1 by Zerodha supports creators and storytellers through its network. The views expressed in this video are solely those of the creator and are not endorsed by Zero1.