Once again a change has been seen in the top leadership of Ola Electric. Chief Marketing Officer (CMO) of the company Anshul Khandelwal and Chief Technology Officer (CTO) Suvonil Chatterjee Have resigned from their posts. According to a report by Moneycontrol, these resignations have come after the recent large-scale restructuring in the company.
Contribution and journey of Suvonil Chatterjee
By Suvonil Chatterjee ola electric in 2017 Started his career from. He joined the company as Design Head and designed many of Ola’s major products like Ola Krutrim And Ola Maps Played an important role in developing.
- Promotion in 2021: Chatterjee was promoted as Chief Technology and Product Officer.
- Technical Leadership: Chatterjee’s work in Ola’s technology and product development proved instrumental in furthering the company’s vision.
Anshul Khandelwal’s journey
By Anshul Khandelwal hail in 2019 Had joined. before that Marketing and Revenue Head at Foodpanda Was working on the post of.
- Acquisition of Foodpanda: When Ola bought Foodpanda in 2020, Khandelwal Marketing Head of Ola Foods Created.
- Main Role: Khandelwal later took over as CMO at Ola Electric and took the company’s marketing strategy to new heights.
Resignation link related to Ola Electric
This change of leadership is nothing new at Ola Electric.
- 2019: Company co-founder and former CTO Ankit Bhati Left Ola.
- Beginning of 2024: Company Secretary and Compliance Officer Pramendra Tomar Resigned.
- December 2024: Chief People Officer, Ola Group N Balachander Also left the company.
Impact of Reorganization
A large-scale restructuring was carried out in Ola Electric in November 2024.
- Impact on 500 employees: About 500 employees were affected due to this reorganization.
- Changes also in September 2022: Ola had earlier also undertaken a restructuring to centralize and unify its operations, announcing new appointments.
Financial position of Ola Electric
Q2 2024: Deficit declines
- Loss Reduction: Ola Electric’s net loss narrows in July-September 2024 quarter Rs 495 crore Which was in the same period last year Rs 524 crore Was.
- increase revenue:
- Consolidated Revenue during the quarter Rs 1,214 crore Was.
- This is from a year ago Rs 873 crore compared to 39% more Is.
What does this change say?
The incidents of resignations and restructuring at Ola Electric reflect the company’s expansion and challenges.
- Long-Term Vision: Although the company has reduced its losses and increased revenue, the change in leadership could have long-term implications.
- Need for new strategy: With leadership changes and organizational changes, the company needs to strengthen its products and operations.
