Ahead of IPO plan, two top executives exit Ola Electric

CHENNAI: Amid Ola’s plan to issue an initial public offering (IPO), two senior executives — Slokarth Dash, head of planning and strategy and Saurabh Sharda, head of partnership and corporate affairs — have left the company. Ola confirmed the development on Saturday.

“Slokarth and Saurabh have delivered well for the company for seven-plus years and we wish them well in their future pursuits,” it said in a statement. Both worked at a raid-hailing business before the electric division and are known to be close with the company’s Chief Executive Bhavish Aggarwal.