Skip to main content
The Entrepreneur Story logoThe Entrepreneur Story
BUSINESS·2 min read·Aug 25, 2020

Ola co-founder Bhavish Aggarwal announced to hire 2,000 people globally, launch e-scooter soon

Bhavish Aggarwal, Ola co-founder told about the Electric Mobility plans and globally to hire 2,000 people, including the engineers and for other roles, by the upcoming six months and further, will also introduce an electric two-wheeler soon. Ola Electric Mobility have planed to hire 2,000 people glo

Cover image forthcoming
Cover image forthcoming · Plate 01 · Photographed for The Entrepreneur Story

Bhavish Aggarwal, Ola co-founder told about the Electric Mobility plans and globally to hire 2,000 people, including the engineers and for other roles, by the upcoming six months and further, will also introduce an electric two-wheeler soon.

Ola Electric Mobility have planed to hire 2,000 people globally, including the engineers and people for other roles. People will be hired before the next six months. Further, this company is also thinking about introducing an electric two-wheeler soon, according to co-founder Bhavish Aggarwal.

On Tuesday, in an email to employees, Aggarwal – who is the Founder and Chairman of Ola Electric (the EV arm of Ola) said – “The automotive industry has evolved significantly over the last few months, and the future belongs to electric and connected mobility.”

Further he added- “…we will be launching a large hiring initiative to hire over 1,000 engineers globally over the next quarter and another 1,000 people across other functions. We want to get the best talent to come and join us across all teams…”

One of an Ola spokesperson told that the company is looking forward to hire 2,000 people across different roles including vehicle design, software, and engineering and battery technology. Their plan is to scale up operations and soon launch electric vehicles for global markets.

In May, 2020 ride hailing major Ola officially announced laying off 1,400 employees from rides, foods business and financial services as its revenues had declined due to the ongoing coronavirus pandemic and lockdowns.

In the same month that is May, Ola Electric also officially announced about the acquisition of Amsterdam-based Etergo BV for an undisclosed amount.

Aggarwal said in his mail on Tuesday- “The talented team at Etergo joined us in May, and everyone is working hard to launch our first product, the electric 2W (two-wheeler) very soon. Looking forward, our aim is to build electric vehicle products and the required BaaS (battery as a service) systems for a global market and across all product segments. We will soon be launching many new programs towards this.”

Last year, this company received about USD 250 million funding from SoftBank and also raised ₹400 crore in a funding. The round was led by Tiger Global and Matrix India. The company is also backed by Tata Sons Chairman Emeritus Ratan Tata.

operatorsfounders2026

Continue reading

Close-up of a person using a smartphone calculator amid money and financial documents on a wooden table.
Founders & operators

Rippling's AI Spend Console: Lessons for Founders on AI Costs & ROI

High-tech robots assembling a car in a modern factory setting, showcasing automation.
Capital

Hadrian Raises $1.37B Series C, $8B Valuation for Defense Modernizing National Security

Green sticky notes with startup goals on a wooden desk with pens.
Capital

Robinhood Venture Fund I: Retail Access to Private Startups