Ola shares slide after founder's spat with Indian comedian on X

Ola shares slide after founder's spat with Indian comedian on X

Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric, poses with Ola electric scooters after the press conference ahead of the company's IPO launch in Mumbai, India, July 29, 2024. REUTERS/Francis Mascarenhas/ File Photo

Ola Electric‘s shares tumbled 9% on Monday after a public spat between the founder of India’s biggest e-scooter maker and a comedian revived questions over service at the SoftBank-backed company, whose sales are falling.