October 25, 2020

Ola Electrical’s most skilled official Sanjay Bhan quits



Ola Electrical’s chief enterprise officer, Sanjay Bhan, who joined the corporate in December 2019 to guide its advertising and marketing and gross sales, has give up, sources instructed ET Prime on Monday on situation of anonymity. Bhan’s departure comes as an enormous setback to India’s most dear electric-vehicle startup since he was entrusted with the difficult process of onboarding supplier companions in 2020 as Ola Electrical readies for a big-bang launch of its industrial operations subsequent 12 months.

As an car trade veteran who spent three a long time at Hero Motocorp earlier than quitting the two-wheeler maker as its head of gross sales, after gross sales, and components, Bhan’s fast exit from the startup, valued at INR 7,490 crore ($1 billion), comes as a shock to trade watchers.

Earlier, in July 2019 Ola Electrical co-founder Anand Shah had left the corporate’s day-to-day operations to imagine a part-time position. In the meantime, various senior executives have been transferred from Ola Cabs into the electric-mobility challenge. As an example, Sandeep Divakaran, who was earlier the vice-president of strategic alliances at Ola Cabs, is at the moment heading technique at Ola Electrical. Equally, Sathya Narayanan Nagarajan, who was the senior director of engineering at Ola Cabs, is now heading software program engineering and synthetic intelligence at Ola Electrical.

Although there have been a number of top-level hires just lately from the car trade, the Bhavish Aggarwal-promoted Bengaluru-based startup nonetheless must rapidly replenish key management positions to execute its bold plans.