Leadership Shift at Ola Electric: Harish Abichandani Steps Down as CFO, Deepak Rastogi Takes the Reins
Ola Electric Mobility announces CFO Harish Abichandani's resignation and appoints Deepak Rastogi as successor.
Ola Electric Mobility announces CFO Harish Abichandani's resignation and appoints Deepak Rastogi as successor.
TVS Motor led India’s electric two-wheeler market in December 2025 with 26.14% market share.
Ola Electric received Rs 366.78 crore incentives under the PLI scheme for FY25 from the Ministry of Heavy Industries.
Bhavish Aggarwal has offloaded shares for the third straight trading session, selling 2.83 crore equity sh.
Ola Electric founder Bhavish Aggarwal sold over 4 crore shares, worth Rs 142 crore, reducing his stake.
Ola Electric CEO Bhavish Aggarwal sold 2% of his stake, valued at nearly Rs 92 crore, to repay a loan.
TVS Motor regained the top spot in November 2025 with a 25.92% share of the electric two-wheeler market.
Ola Electric’s revenue fell 47% in Q2 FY26, while losses widened by 23.3% to Rs 418 crore.
Bajaj Auto emerged as the leading E2W seller in October 2025, capturing a 21.69% market share.
Ola Electric plans to raise Rs 1,500 crore to boost expansion amid organizational restructuring.