Saturday, September 23

Ola Witnesses Resignation from Two Senior Executives

With the exit of a lot of senior executives in various top companies, two senior executives of Ola have also stepped down. It has been reported that Saikiran Krishnamurthy and Joy Bandekar have left the company.

Saikiran Krishnamurthy was popularly called Saiki among the Ola employees and held the position of a senior vice-president of growth in the company. Prior to this job, Saiki used to work at Flipkart a year ago. He was one of the highest paid executives at Flipkart when he was hired in 2015. Following the resignation, the latter is planning to start his own venture.

Talking about Joy Bandekar, he was the corporate president of new initiatives at Ola. Prior to Ola, Bandekar also used to be a former Flipkart executive. He is exiting the ride-hailing company to enter the B2B e-commerce startup Udaan, as its founding partner. However, he will continue to play an advisory role at Ola. Bandekar has had more than 20 years of experience in regulatory and corporate affairs with internet companies.

“Ola would like to thank Krishnamurthy for all his contributions and wishes him well as he embarks on his entrepreneurial journey,” Ola spokesperson said.

Krishnamurthy is well-known for being a strategy expert. He sometimes led the growth initiatives for Ola, when the ride-hailing firm wanted to create new avenues and expand into new areas. He was the chief operating officer for Flipkart’s commerce business and was later moved to Ekart, the logistics unit of the e-tailer once Kalyan Krishnamurthy took over as chief executive.

The homegrown company Ola from a few months is gearing up and started with an international overdrive entering major cities in countries like Australia and the UK. The company is trying to fight with the international ride-hailing player Uber.