Bhavish Aggarwal, founder of ride-hailing platform Ola and EV two-wheeler manufacturer Ola Electric, will take a step back from day-to-day operations of the company's core businesses to focus on new and emerging businesses.
In an internal email, Agarwal stated that Ola's group chief financial officer (CFO) Arun GR will oversee day-to-day operations across the organisation. Arun, who joined Ola from Vedanta Resources last year, was also the CFO of Ola Electric and Ola Financial Services. Aggarwal stated that he will concentrate on engineering functions, team building, and product development. On Twitter, Aggarwal clarified that he is not retiring, and that Arun will assist with Ola's operations.