The Bhavish Aggarwal-led company did not immediately respond to Mint's request for a comment.
The development comes months after Ola Electric's sister company Ola Consumer, formerly Ola Cabs, announced a restructuring exercise in April that would impact about 10% of its staff. Its CEO Hemant Bakshi also stepped down less than a year after joining the IPO-bound company. Its CFO Karthik Gupta also quit as a part of the exercise that impacted about 200 employees.
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