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From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?
Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its Roadster X+ motorcycle, and improved service operations. The company achieved over 1,000 daily orders and crossed 1 million cumulative registrations, signaling a strong turnaround and renewed investor confidence in India's EV market.
TVS Motor launches its most accessible entry point EV - TVS Orbiter V1 with BaaS
TVS Motor Company strengthened its electric vehicle portfolio with the launch of TVS Orbiter V1 with 1.8 kWh the most accessible electric scooter in the company's lineup. The company also introduced Battery-As-A-Service (BaaS) across its EV portfolio, offering customers a new and flexible ownership model.
Beamr Imaging renews video optimisation deal with JioHotstar
Beamr Imaging has extended its partnership with leading streaming service JioHotstar, which relies on Beamr’s compression and optimization tools to manage its extensive video catalog. By using Beamr’s technology, JioHotstar significantly cuts storage and bandwidth expenses while still delivering premium video quality to millions of viewers.