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Ola Will See Profits Soon Says Co-Founder Bhavish Aggarwal

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India’s very own cab hailing company Ola will start seeing profits in 2 years, its Co-Founder Bhavish Aggarwal claimed during an event on India Internet Day, 2017. His plan is “ to go into niche areas and build relevant products that will significantly improve the bottom line.“

In its last available fiscal report from 2014-15, in order to save the ship from sinking and to fend off stiff competition from its prime competitor Uber, Ola lost around Rs. 3 for every Rs. 1 in revenue. Its net loss is at a whopping Rs. 754.8 crores, in comparison to its loss last year which was at Rs. 34.2 crores.

Aggarwal said Ola Share and Ola Prime were the company’s fast-growing categories. But ironically, this carpooling services offered by Ola (Ola Share) and Uber(Uber Pool) faced problems, with the Karnataka Government Transport department ordering the two companies to cease all carpooling schemes in January. It was because no proper steps had been taken to regulate this mechanism of car pooling.

When asked about drivers’ grievances, Aggarwal said the company is in the process of launching a whole new set of products for drivers. These app-based taxi service companies saw several hiccups in February, with over hundreds of drivers across various cities entering into protests against the falling incomes and incentives.

To add fuel to the fire, a few from the company’s top brass recently decided to quit their positions and wanted to be relieved of their duties to the company. Notable names involved Chief Marketing Officer Raghuvesh Sarup and Chief Financial Officer Rajiv Bansal. Sundeep Sahni, a highly talented hire who headed the company’s new initiatives, and Abhimanyu Rawal, head of the luxury cab service Ola Lux, had also resigned in December.

In spite of all this, Mr. Aggarwal is firm and confident things will turn around in due time, and his company will persevere through these dark times to once again see the light of day.

Will they? Or won’t they? Only time can tell.

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Larry Page: The Visionary Co-Founder Behind Google’s Global Success

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Larry Page

Larry Page is a visionary technology entrepreneur and co-founder of Google, one of the world’s most influential companies. Born in 1973 in Michigan, Page grew up surrounded by computer technology, which inspired his passion for innovation from an early age. He studied computer engineering at the University of Michigan and later pursued his PhD at Stanford University, where he developed the revolutionary PageRank algorithm with Sergey Brin. This technology fundamentally changed the way search engines rank websites, making Google the most accurate and popular search engine globally.

The journey of Larry Page and Google began in 1998 when they officially launched the search engine from a small garage. Leveraging their unique algorithm, Google quickly surpassed competitors due to its ability to deliver highly relevant search results, transforming internet search forever. Under Larry Page’s leadership as CEO, Google expanded beyond search to launch groundbreaking products including YouTube, Gmail, and Google Maps, turning it into a global tech powerhouse that shapes how we access and interact with information online.

Larry Page later became the CEO of Google’s parent company, Alphabet Inc., driving innovation and investment in next-generation technologies such as artificial intelligence, autonomous vehicles, and healthcare solutions. His visionary leadership and commitment to technological advancement have cemented his legacy as one of the most influential figures in the tech industry. Today, Larry Page remains a key influencer in shaping the future of technology and digital innovation worldwide.

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India’s Tech Story: Airtel Spreads AI Access, Ohm Mobility Lessons

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Airtel AI

Bharti Airtel has launched the innovative “Airtel-Perplexity Blueprint,” partnering with Perplexity to provide over 360 million customers free access to Perplexity Pro for a year—a benefit valued at ₹17,000 ($200). This collaboration enables Airtel users across mobile, broadband, and digital TV to harness advanced capabilities in generative AI, including leading AI models like GPT 4.1, Claude, and Gemini, along with up to 300 Pro searches daily, image generation, document analysis, and personalized planning services. The move is seen as a milestone for telecom innovation and the democratization of AI in India, making powerful research and productivity tools accessible to a massive user base.

This strategic partnership positions Airtel as an “AI-first” telecom provider, allowing it to gain key insights into user interactions with artificial intelligence and adapt its networks for growing digital demands. For Perplexity, the tie-up grants exclusive access to India’s vast telecom audience, rapidly propelling the app to the No. 1 spot on the Indian App Store, surpassing global competitors like ChatGPT and Google Gemini. Airtel customers can activate their complimentary subscription seamlessly through the Airtel Thanks App, under the Rewards and OTTs section, reinforcing Airtel’s commitment to digital customer empowerment.

The broader Indian startup ecosystem reflects both breakthrough innovation and hard-earned lessons, illustrated by the recent shutdown of Ohm Mobility, an EV financing startup. Despite multiple pivots and industry-leading investors, Ohm Mobility struggled to achieve a sustainable business model—a reminder of the challenges in market fit and adaptability. As AI adoption accelerates and startup realities evolve, industry leaders like Airtel and Perplexity are setting new standards, while others, like Ohm Mobility, offer valuable insights on resilience and the importance of business model flexibility in India’s dynamic tech landscape.

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Tesla Secures Mumbai Facility as Key Step in India Market Entry

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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

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