Ride Over For Ola Cabs? 

SUMMARY

Ola wants to be be in the middle of everything that could change India in the future, and at the moment, that’s not ride-hailing. It’s EVs, AI and chips

We have seen Bhavish Aggarwal take to the stage and say many things in the past. The week gone by was no different. Ola’s huge Independence Day event ‘Sankalp’ saw Aggarwal lay out the vision for newly-listed Ola Electric and his latest big bet Ola Krutrim. Curiously, not only was Ola Cabs shunted to the sidelines but also renamed to Ola Consumer.

However, it was hardly surprising. Ola’s transition from a ride-hailing company to a EV maker has been three years in the making, but Aggarwal has also positioned Ola as a future-focussed tech infrastructure company to compete against the AWSes and NVIDIAas of the world, as well as a consumer platform that could potentially become a digital commerce behemoth.

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