While yesterday we reported the departure of Jeff Holden from American cab hailing company uber, today’s there is a news regarding exit of another senior official of rival cab company Ola.
Ola’s operation chief Vishal Kaul has resigned after serving the firm for one year and four months marking a latest senior level change in the cab riding firm.
Confirming the development, Ola in a statement said,
Ola would like to thank Vishal Kaul for his invaluable contributions to the company. He has had a very good inning. We at Ola wish him well for all his future endeavours.
Kaul mentioned that he “is moving to pursue another exciting opportunity” and did not elaborate further.
An alumnus of Symbiosis Centre for Management and HRD, Kaul joined Ola as operations chief in February 2017 succeeding Pranay Jivrajika. Besides, Kaul had worked with Pepsico and had also served as a General Manager for Thailand-Myanmar-Laos government.
Meanwhile, Ola has lost and hired several senior executives over the past year. The company had hired Susheel Balakrishnan as its chief people officer replacing former resources head Yugantar Saika.
The changes in the senior level hierarchy have come at a time when the company is facing a head-on battle with foreign rival Uber Technologies Inc. caught between a circle of unit shutdowns, acquisitions and fundraising expansions.
Ola has raised about more than $1 billion in October 2017 and acquired food delivery platform, Foodpanda in December last year while shutting down its Ola shuttle service in February.