There are many people who think we had the first-mover advantage. But actually, when Uber came to India, Ola was doing only 2,000 rides per day . We had less than half a million dollars of funding.
— Bhavish Aggarwal
As far as Ola is concerned, we are focused and determined to build a business that can sustain and be impactful.
There is a reason companies raise money from investors, which is to invest in growth.
Globally, ride sharing is a very intense industry with a lot of money being thrown around.
As an entrepreneur, I am focused on my business.
As entrepreneurs, we sometimes do not understand the complexities of running a government.
If we want, we can be profitable, but we are focusing on growth. We don't comment on profitability, but we do look at it internally. And many of our Ola cities are profitable. But our focus across all cities is growth.
