If we launch a new product, we have to time it right. It's not about how soon you can do it but how well we can do it.
Challenges keep evolving as you move into different stages. When you are at a prototype stage, it's about getting that sustenance money. Then, talent becomes an issue; your early hires are difficult to get when you aren't too big. Later, it's about handling growth; then, you have competition.
There are many people who think we had the first-mover advantage. But actually, when Uber came to India, Ola was doing only 2,000 rides per day . We had less than half a million dollars of funding.
Entrepreneurs are not driven by fear; they are driven by the idea to create impact.
With a strong focus on driver-partners and the community at large, we aim to create a high-quality and affordable travel experience for citizens and look forward to contributing to a healthy mobility ecosystem in Australia.
I don't have a car and have decided never to own one.
When I explained my business model to my family, they asked if I was going to open a travel agency.
Raising capital is not the toughest part. The toughest part is building a great team and making sure it's growing with the company.
All things can be done by every company in the world. Apple builds a phone, and so does Samsung. It's not about being different but about being better at what you do.
We believe that electric vehicles can transform transportation completely in India by enabling lower cost of operation and ownership.
Don't take shortcuts while building your company - keep trying for the best.
Location-based services are here to stay, as it focuses on high relevance and contextual offering to the end user. This means a user sees what he needs with immediate sense and meaning to him.
Though we work with rental agencies, a large part of our fleet comprises individual drivers.
There is a reason companies raise money from investors, which is to invest in growth.
If we want, we can be profitable, but we are focusing on growth. We don't comment on profitability, but we do look at it internally. And many of our Ola cities are profitable. But our focus across all cities is growth.
As an entrepreneur, I am focused on my business.
As far as Ola is concerned, we are focused and determined to build a business that can sustain and be impactful.
As entrepreneurs, we sometimes do not understand the complexities of running a government.
Globally, ride sharing is a very intense industry with a lot of money being thrown around.
The value that SoftBank saw in us was that we are a technology company in the mobile Internet space.
