Bhavish Aggarwal's Ola companies to be restructured into a conglomerate

Bhavish Aggarwal holds nearly a 9% stake in Ola Consumer, 36% in the now publicly listed Ola Electric, and around 90% in Ola Krutrim.

Ola founder Bhavish Aggarwal is planning to restructure his companies into a conglomerate structure ahead of the Ola Consumer IPO, according to an Economic Times report.

At the moment Ola Consumer (Ola Cabs), the now publicly listed Ola Electric, and AI-startup Krutrim are associate companies, but not subsidiaries under one holding company, with Aggarwal holding nearly a 9%, 36%, and 90% stake in them respectively, according to the report.