TwirlyBanana

Ola Electric

This is a big big number

15mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

ZestyQuokka

Hinge15mo

Those numbers and they are still not profitable. Where's the gap?

SleepyBanana

PhonePe15mo

Giving free deliveries

WigglyBanana

Stealth15mo

The top cities are profitable. The loss is a function of growth (new dark stores take time to mature in economics)

Quick commerce in India is working and there is evidence of profitability from mature dark stores/cities

SqueakyQuokka

Microsoft15mo

I don't believe it. I rarely see zepto delivery on streets but blinkit looks more common.

GroovyBoba

X (formerly Twitter)15mo

Yea. The whole zepto thing looks fishy as f to me.

SqueakyQuokka

Microsoft15mo

Not sure if they're doing better business in Mumbai.

WigglyBanana

Stealth15mo

Crazy execution, no doubt. To build a brand and scaled operations in this short a time!

GigglyNoodle

Accenture15mo

Epic execution. Category creation

PerkyBagel

Stealth15mo

And, the founders are still 19 years old. 😂

GoofyMochi

Bristol-Myers Squibb15mo

Two years back 19 years old, now 21-22 years old

SwirlyMarshmallow

Laid-off15mo

And sharp af. Their interviews are nothing short of now inspiring. So much clarity.

TwirlyMuffin

Dezerv15mo

have you for once bothered to find out the size of the total market?

TwirlyBanana

Ola Electric15mo

Yes their aov is around 400, slightly lower than Zomato. Market leader, category creator.

TwirlyBanana

Ola Electric15mo

You should educate yourself. Don’t act like airbnb early investor who believed TAM to be really small to make a meaningful business.

SqueakyQuokka

Microsoft15mo

Anyone knows how many cities they're live in and how many stores they have?

WobblyWalrus

Student15mo

Only and only in the metro cities. And I'm 10000% sure that they won't go to tier 2 cities at all. So even in metro cities they target the specific areas.

I am in Pune and they are available in only few specific areas like baner magarpatta and hinjewadi which are completely urban and upper middle class areas.