Get All Access for $5/mo

Marking 32nd Resignation Since 2020, Ola Electric Charging Network Head Quits These high-profile exits are happened because it seems Ola Electric is facing some probe with regard to the battery fire incidents

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Yashwant Kumar, senior director and business head of charging network, Ola Electric Mobility, has resigned from his position. As per reports, the 32nd resignation from the firm since 2020. As per the news reported by ET Auto, this comes a week right after the resignation of Ranjit Kondeshan, who was the director HR at Ola Electric.

The series of resignations continuing at Ola Electric. As per available reports, earlier, Nidhi Chaturvedi Jha quits the firm as regional head in May. In April Varun Dubey, chief marketing officer at Ola Electric also left the company. Dinesh Radhakrishnan (chief technology officer), Arun Sirdeshmukh (head of Ola Cars) along with Ankit Jain and Anand Shah (co-founders of Ola Electric) also resigned from the firm. These high-profile exits are happened because it seems Ola Electric is facing some probe with regard to the battery fire incidents.

As per recent reports available, Ola electric saw its registration dipping down in the month of June because of the fire incidents happened, placing the company in the fourth position in overall category. As per VAHAN data, Ola Electric saw 5869 electric scooters registrations as of June 30.

Commenting on the same, the Ola Electric said a statement quoted in a news report saying, "We calibrated our business priority for the month to focus on bettering our customer service and brought our turnaround time to within 48 hours. Come July, we are confident that supply chain issues will start fading out and our strong order book will be fulfilled."

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.

News and Trends

Edtech in 2023: A Year Of Layoffs and Funding Crunch

Edtech unicorn Byju's was engulfed with multiple problems this year, which led to skepticism about the entire sector

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Starting a Business

How to Connect With Buyers and Get Your Products on Store Shelves, According to the Founder of Daring and Cadence

Ross MacKay, founder and original CEO of the plant-based food company Daring Foods and co-founder of performance beverage brand Cadence, shares the strategies that have landed his products in over 40,000 stores nationwide.

Leadership

From Crisis to Control — How to Lead Effectively in High-Stress Scenarios

From the eye of the storm to the heart of leadership: How BELFOR's Sheldon Yellen's approach to the disaster recovery industry is revolutionizing resilience in business.