Krutrim has announced Model-as-a-Service (MaaS), offering developers access to its LLMs as well as open-source models being hosted on its cloud at cheaper costs. Source link
New Delhi: OLA CEO Bhavish Aggarwal seems to have sparked a major debate on microblogging site X (formerly Twitter) for his comments on the answer that LinkedIn AI Bot’s threw up on asking about his bio. Aggarwal asked LinkedIn AI Bot to throw up answer on the topic “Who Is Bhavish Aggarwal”. Sharing the screenshot […]
New Delhi: Indian tech industry leaders have come out in support of Ola Founder and CEO, Bhavish Aggarwal, after his tirade against Microsoft-owned LinkedIn for deleting his posts and “bullying Indians” into agreeing with the Big Tech platforms or cancelling them out. Homegrown IT software company Zoho’s CEO Sridhar Vembu agreed with Aggarwal, saying “We […]
New Delhi: Ride-hailing platform Ola Cabs has witnessed another top-level exit as the Chief Financial Officer (CFO) of ANI Technologies (the parent firm) Karthik Gupta has stepped down seven months after taking charge. Gupta’s exit comes two weeks after the company’s CEO Hemant Bakshi quit. According to the company, Gupta’s departure is part of an […]
New Delhi: Ola, led by Bhavish Aggarwal is set to launch its grocery delivery services through the government supported Open Network for Digital Commerce (ONDC) soon, as reported by Moneycontrol. Ola is the second-largest buyer-side platform in the food category after Magicpin. The company has captured over a third of the market in areas like […]
New Delhi: Bhavish Aggarwal-led Ola Electric on Monday announced that it has posted a growth of 107 per cent (Year-on-Year) in June 2024 Electric Vehicle (EV) two-wheeler registrations as compared to the corresponding month in 2023. According to the government’s VAHAN Portal, the company recorded 36,716 registrations during the month. It also recorded a 57 […]
New Delhi: Ola Cabs has switched from using Google Maps to its own Ola Maps for navigation and operations. This change is set to save the company almost Rs 100 crore year. The announcement follows Ola’s recent move to transfer all its operations to its own AI company, Krutim, three months ago after ending its […]
New Delhi: Ola Electric Mobility on Wednesday reported loss at Rs 347 crore for the April-June quarter, compared to Rs 267 crore in the same period last fiscal. The Bhavish Aggarwal-led company, which is now a listed firm, saw its consolidated revenue from operations jump 32 per cent to Rs 1,644 crore in Q1 FY25, […]
New Delhi: Bhavish Aggarwal-run Ola Electric, which recently entered the public market, is fast losing market share in the domestic electric two-wheeler space to its rivals amid increasing competition, and market analysts have warned investors to remain “cautious” with its volatile stock. A latest Jefferies report said that TVS and Bajaj have expanded their portfolios […]
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