Can turn profitable if we stop reacting to competition: Ola
Ride-hailing app Ola's Chief Operating Officer Pranay Jivrajka, in a recent interview, said, "We can become profitable tomorrow if we stop reacting to competition and stop incentives in key markets". He added, "The reason why we’re not profitable in the key markets, which also form the chunk of our business in the cabs space, is because of capital dumping".