Ola Scooter witnesses ‘crazy demand’ as bookings open

Ola co-founder and CEO Bhavish Aggarwal. Photo: Mint

Ola Electric opened booking for its first e-scooter Ola Scooter in India today. The company witnessed unexpected demand leading to issues with the booking process for many interested buyers. Company chief Bhavish Aggarwal shared that the website was not ready for such a large-scale opening. However, the website has now been fixed according to Aggarwal.

In a tweet, he said, “For those who faced issues in the beginning, apologies! We didn’t anticipate the crazy demand and didn’t plan enough scalability of the website. All fixed now.”

 

The bookings were opened earlier during the day and interested buyers were able to reserve the electric vehicle for themselves at a price of just 499. Currently, no official data about the total bookings have been released by the company.

Ola Scooter is yet to be launched in the country but the company has been revealing teasers giving interested buyers a good look at the vehicle. Ola CEO, Bhavish Aggarwal has even taken the scooter for a ride on Bengaluru roads.

The pricing of the scooter is yet to be revealed along with all the features. However, teasers from Ola Electric have confirmed a few ‘best in segment’ features in the upcoming scooter. The scooter is expected to get the biggest boot space in its segment along with “superior” cornering ability.

In terms of driving range, the company has mentioned that the scooter can be charged up to 50% in a matter of 18 minutes using its fast charger. The 50% charge, according to the company can provide a driving range of 75km. With the help of this, we can assume that the Ola Scooter will get a driving range of 150 km in a single charge.

This article was first published on livemint.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.