One Cook, Too Many Broths: Bhavish Aggarwal's Ola, Krutrim Businesses Suffer
Published on: Dec. 23, 2025, 5:31 p.m. | Source: NDTV Profit
Few can boast of being at the helm of three unicorns — Bhavish Aggarwal achieved that last year, after Krutrim AI achieved a $1-billion valuation. He also managed to list Ola Electric successfully. Apps (Ola Cabs), EVs and AI, success story of the startup world. He pledged shares in his listed entity; sold stake in quick succession — raising eyebrows. His ride hailing business Ola Cabs is burning cash, while Krutrim also needs heavy research and development investments.
