In an interview with ANI, CEO Bhavish Aggarwal was asked about his journey from Ola Cabs to Ola Electric. "I would like to start with why I became an entrepreneur. I am a big believer in the concept of 'Dharma' and 'Swadharma'. I feel my purpose, my DNA, and my capability are to truly bring the technology entrepreneurship business together. That's my locus standi in society. I genuinely believe that our generation has to work extra hard to build the country of our dreams", Aggarwal said. "There will be critics who say a lot of things and sometimes, they are also correct. But we should have dreams; ones that cannot be fulfilled in one life. In order to fulfil that, I started my journey with Ola Cabs. Ola Cabs is broadening into a broader consumer ecosystem. My mission with that company is to truly make consumption more accessible to one and a half billion people", he added.Further elaborating on the subject, Aggarwal said that Ola is working with Open Network for Digital Commerce ONDC, which is a government marketplace run by the Department for Promotion of Industry and Internal Trade. "For example, we are doing a lot with the ONDC there, which is the government marketplace. Most ecommerce platforms take 2030 per cent commissions from the sellers, 'Kiranas' or small retailers are left out. ONDC is going to make it a much more democratic ecosystem, which will bring down the cost of ecommerce. We are doing a lot of work on supply chains to bring down the cost of logistics in the GDP. We are doing a lot of work in warehousing to bring down the cost of warehousing", he said. "All of that technologydriven work is to enable much more efficient, accessible, and affordable consumption", he added.Founded in 2017, Ola Electric Mobility deals with the leasing of electric cars.Ola Electric is the only Indian EV company selected by the government under its ambitious Rs 80,000 crore cell PLI schemes. Also, Ola is one of India's widest mobility platforms, serving over 250 cities across the nation. ANI. In an interview with ANI, CEO Bhavish Aggarwal was asked about his journey from Ola Cabs to Ola Electric. "I would like to start with why I became an entrepreneur. I am a big believer in the concept of 'Dharma' and 'Swadharma'. I feel my purpose, my DNA, and my capability are to truly bring the technology entrepreneurship business together. That's my locus standi in society. I genuinely believe that our generation has to work extra hard to build the country of our dreams", Aggarwal said. "There will be critics who say a lot of things and sometimes, they are also correct. But we should have dreams; ones that cannot be fulfilled in one life. In order to fulfil that, I started my journey with Ola Cabs. Ola Cabs is broadening into a broader consumer ecosystem. My mission with that company is to truly make consumption more accessible to one and a half billion people", he added. Further elaborating on the subject, Aggarwal said that Ola is working with Open Network for Digital Commerce ONDC, which is a government marketplace run by the Department for Promotion of Industry and Internal Trade. "For example, we are doing a lot with the ONDC there, which is the government marketplace. Most ecommerce platforms take 2030 per cent commissions from the sellers, 'Kiranas' or small retailers are left out. ONDC is going to make it a much more democratic ecosystem, which will bring down the cost of ecommerce. We are doing a lot of work on supply chains to bring down the cost of logistics in the GDP. We are doing a lot of work in warehousing to bring down the cost of warehousing", he said. "All of that technologydriven work is to enable much more efficient, accessible, and affordable consumption", he added. Founded in 2017, Ola Electric Mobility deals with the leasing of electric cars. Ola Electric is the only Indian EV company selected by the government under its ambitious Rs 80,000 crore cell PLI schemes. Also, Ola is one of India's widest mobility platforms, serving over 250 cities across the nation. ANI
Bhavish Aggarwal, CEO of Ola, shared insights on his transition from Ola Cabs to Ola Electric, driven by a vision to democratize consumption. Ola collaborates with ONDC for a more inclusive e-commerce ecosystem, aiming to reduce costs and enhance efficiency. Ola Electric, founded in 2017, focuses on leasing electric cars, being the sole Indian EV company chosen for the government's significant PLI schemes.