Marking 32nd Resignation Since 2020, Ola Electric Charging Network Head Quits These high-profile exits are happened because it seems Ola Electric is facing some probe with regard to the battery fire incidents

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Yashwant Kumar, senior director and business head of charging network, Ola Electric Mobility, has resigned from his position. As per reports, the 32nd resignation from the firm since 2020. As per the news reported by ET Auto, this comes a week right after the resignation of Ranjit Kondeshan, who was the director HR at Ola Electric.

The series of resignations continuing at Ola Electric. As per available reports, earlier, Nidhi Chaturvedi Jha quits the firm as regional head in May. In April Varun Dubey, chief marketing officer at Ola Electric also left the company. Dinesh Radhakrishnan (chief technology officer), Arun Sirdeshmukh (head of Ola Cars) along with Ankit Jain and Anand Shah (co-founders of Ola Electric) also resigned from the firm. These high-profile exits are happened because it seems Ola Electric is facing some probe with regard to the battery fire incidents.

As per recent reports available, Ola electric saw its registration dipping down in the month of June because of the fire incidents happened, placing the company in the fourth position in overall category. As per VAHAN data, Ola Electric saw 5869 electric scooters registrations as of June 30.

Commenting on the same, the Ola Electric said a statement quoted in a news report saying, "We calibrated our business priority for the month to focus on bettering our customer service and brought our turnaround time to within 48 hours. Come July, we are confident that supply chain issues will start fading out and our strong order book will be fulfilled."

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.