Ola CFO Saurabh & COO Porwal to exit company ahead of IPO

Editorial Desk
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Ola’s chief money handler Swayam Saurabh associate degreed chief operating officer Gaurav Porwal square measure exiting the company whereas the SoftBank-backed company is progressing to select AN initial public providing.

In an indoor email sent to the workers recently, Bhavish Aggarwal same he was making changes to the organisation with Vinay A Bhopatkar taking any responsibilities for the driving force and supply system of the company’s quality platform. Anshul Khandelwal, United Nations agency leads promoting, will face up to the additional responsibility of drive revenue.

“Gaurav (Porwal), United Nations agency has run the standard business for the last year and designed a sturdy foundation throughout troublesome times, ar deed paper to pursue totally different interests,” said Aggarwal.

Arun Kumar G R, Ola’s cluster business executive will still run the finance perform across the cluster, and each one the key finance leaders at paper will presently report on to him. “Swayam Saurabh ar moving on to pursue totally different opportunities in amount of your time. i would like him absolutely the best for his next endeavour,” said Aggarwal.

Aggarwal jointly same Arun Sirdeshmukh will still be the chief operational officer, Ola Cars, the firm’s vehicle commerce business.

While Saurabh had joined paper this year, Porwal joined the company in 2019. Early this year, Porwal took over as a result of the COO once Pranay Jivrajka, a begin partner of paper, quit the ride-hailing company to launch his own startup. Another paper government Puneet Bhirani left the company in April this year to affix Byju’s.

There ar totally different high-profile exits from paper recently. Ankit Jain, the co-founder of paper electrical had exited last year in conjunction with Anand monarch, another co-founder of paper electrical. Ola’s Australian administrator Simon Smith, United Nations agency had joined the firm in 2018, left in New Style calendar month 2020. Nitin Gupta, chief operational officer of paper cash Services, and Sanjay Bhan, chief business officer, quit last year.

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