Could Ola be spreading itself too thin? - News Summed Up

Could Ola be spreading itself too thin?


The 36-year-old IIT Mumbai alumnus, who co-founded Ola with his college friend Ankit Bhati has never shied from taking competition head-on. Take Ola Financial Services. Needing focusHow can it compete against players that have laser focus on each segment of the financial services market? Both Ola and Ola Electric tout themselves as Unicorns based on investments received at a certain valuation. In FY21 Ola had total revenue of ₹983.2 crore as compared to the last year’s income of ₹2,660.2 crore.


Source: The Hindu November 21, 2021 21:28 UTC



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