Anshul Khandelwal, the Chief Marketing Officer (CMO) of Ola Electric, and Suvonil Chatterjee, the Chief Technology and Product Officer (CTPO), have both resigned. He quit for personal reasons, according to the letter of resignation he delivered to Ola Electric management. They also experienced the delight of contributing to the expansion of the business.

It is not connected to any of Ola Electric's executive directors, the company has verified. The group also stated that it was thinking about replacing the quit employees with internal hires.

This has affected 12% of the employees in the company as part of the restructuring that Ola Electric has been doing for some time now. In 2022, a similar reorganization took place ahead of Ola's IPO. Since then the company has entered a new phase of growth.

Ola Electric is a fast-growing company. Competition in the electric vehicle market is fierce. The restructuring is part of Ola Electric's new strategy to deal with this competition. The goal is to increase profitability.

Ola plans to open 4,000 stores in India by 2024. The company's latest financial reports show the company's growth.