Ola Hits Back at MapmyIndia, Dismisses Claims as 'Empty Vessels

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Ola Co-Founder Bhavish Aggarwal has denied allegations of copying from MapmyIndia, asserting that MapmyIndia is trying to take advantage of Ola Electric’s upcoming listing. Aggarwal, who is also the Chairman and Managing Director of Ola, mentioned that the company has sent a legal notice to MapmyIndia but has yet to receive a response.

“Empty vessels make the most noise. These individuals suddenly decided to make noise. Ola Electric isn’t even in the maps business. As Ola Electric approaches its IPO, they just want to ride on its coattails. We’ve also issued them a legal notice, but they haven’t responded to date,” Aggarwal said.

Ola Electric went public on August 9, raising Rs 5,500 crore through its initial public offering. MapmyIndia issued a notice to Ola Electric on July 23, just three days before Ola Electric submitted its red-herring prospectus.Read More-https://voiceofleaders.com/