From left, Dara Khosrowshahi, CEO, Uber and Bhavish Aggarwal, co-founder and CEO, Ola
Synopsis
After a long interval, the Ola versus Uber verbal sparring resurfaced following Uber CEO Dara Khosrowshahi’s recent visit to India. Ola boss Bhavish Aggarwal has reacted sharply to Uber chief’s comments. But, amid increasing competition and persistent markdown, Ola will need new ideas, vigour and actions.
“We’re the market leaders in India and our category position has been improving…Our market share has been higher than what it was when I joined, and it has been higher than probably ever. While (rival) Ola focuses on other areas…we love the ride-sharing business. Some of our competitors are distracted by shiny, new efforts and IPOs, that’s great. I’m undistracted and completely focused on the mobility business here as there’s an enormous
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