Now you can send memes and win Ola S1 Pro special edition. Ola CEO Bhavish Aggarwal started a new competition on Twitter.
Ola is one of the leading ride-hailing companies in India. It has been trying to expand into other segments including electric bikes. Ola Electric has had a topsy-turvy journey in the Indian market so far. Now, the company is gearing up for an initial public offering (IPO). It has already initiated discussions with investment bankers. Meanwhile, the company CEO Bhavish Aggarwal took to Twitter to start a new meme fest. He promised an Ola S1 Pro special edition to the best memes.
Trying to make some funny ICE and petrol vehicle memes. If you have some, share here!
— Bhavish Aggarwal (@bhash) May 27, 2023
Best one today will get an Ola S1 Pro special edition 🙂
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The Ola CEO’s tweet was met with great enthusiasm by Twitter users. His tweet was soon flooded with funny memes. Bhavish Aggarwal had originally shared a tweet inviting users to share funny memes related to internal combustion engines (ICE) and petrol vehicles. He even announced a prize of a special edition Ola S1 Pro to the best meme of the day. “Trying to make some funny ICE and petrol vehicle memes. If you have some, share here! Best one today will get an Ola S1 Pro special edition,” tweeted Bhavish Aggarwal (@bhash).
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Here are some of the funny memes shared on Twitter:
Heat debate going on pic.twitter.com/rmhZWxEG50
— സൂത്രൻ 🦋 (@soothranished) May 27, 2023
Ola owners watching everyone paying ₹105 /ltr for petrol ⛽️ pic.twitter.com/QHpW6TLGzr
— Vishal Pillai (@VishalPillaii) May 27, 2023
— Nishant Singhal (@kandoi_nishant) May 27, 2023
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Ola Electric scooters quickly became popular in the Indian market. However, once the delivery started, they suffered a big reputation blow due to faulty units and battery combustion incidents. Now, the company is planning to launch an initial public offering (IPO) by the end of the last quarter of the current fiscal year. It aims to generate approximately 1 billion dollars in net proceeds. This will take the value of Ola Electric to around $10 billion. Ola Electric is has initiated discussions with investment bankers like Goldman Sachs, Kotak, Citi, and Axis. It is expected to file its draft red herring prospectus (DRHP) by the end of the next quarter.
