Rough ride: Four challenges that await Ola Cabs’ incoming CEO
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Hundreds of commercial cars parked near Jantar Mantar due to an indefinite strike to protest against low income by the drivers of OLA and Uber Cabs at Parliament Street, on March 22, 2018 in New Delhi, India.
Synopsis
Ola Cabs may soon have a new CEO. The new chief will be stepping into an organisation with a history of high volatility. There is plenty for the new chief to contend with, including headwinds on valuation, funding, and competition.
Mobility unicorn Ola Cabs is expected to soon see a crucial change in its leadership. As we reported last week, the company could appoint a chief executive who doesn’t go by the name Bhavish Aggarwal. For its nearly 13-year existence, the founder has been at the helm. He is likely to step aside, with an FMCG veteran, possibly Hemant Bakshi from Unilever, rumoured to take up the role of CEO of Ola’s flagship cab business. Aggarwal has been the
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