Please check while applying for the OLA IPO… Check whether you are applying for the OLA CABS Company IPO or the OLA Electric Company IPO.

Both are DIFFERENT companies… and both are as different as chalk & cheese.

1. Competition: Ola Cab Company has stiff competition from Uber and other regional cab companies. Such competition leads to a downwards price war. There are bans and protests… conducted by other cabs and even Ola’s own cab owners intermittently. This shows that the these people who drive for the company themselves are not happy due to low profits earned by the drivers…. Unless the government steps in and has a FIXED price for all the Taxi Cab aggregators… This is a business that is not going to make much profit. That is exactly why the old taxies had FIXED FARE METERS... Uber came into the market and destroyed… a properly working industry which gainfully employed people who did not have much education. Today these drivers have become almost completely obsolete and struggle to make a living. Uber did not disrupt… it destroyed… an industry… because the govt refused to step in. The Govt should have launched its own app like it has done with ONDC App.

On the other hand Ola Electric scooter is the boss of electric scooters in India. It is almost…