Within a year of his joining, Shalabh Seth, CEO of Ola Fleet Technologies has resigned from the company, reports Livemint. Ola Fleet is the company’s wholly owned car leasing subsidiary, and Seth was monitoring supply and growth through leasing and other driver-focused initiatives at the company. A source in the company confirmed the move to MediaNama and said that Seth has moved on to pursue his entrepreneurial venture.
No additional details on why Seth quit the company was given.
Seth had joined the cab aggregator in the starting of this year. Prior to Ola, he was working with SAB Miller India as its Managing Director where he was responsible for business expansion and growth in the country.
Senior level exits
The cab aggregator has marked multiple exits from its top deck this year. Rajiv Bansal, who joined Ola as CFO in November 2015, had quit the company in February this year. Earlier, Abhimanyu Rawal, the senior manager of Ola’s luxury business had left the company in January this year after joining in September 2015. Its marketing lead Raghuvesh Sarup, head of engineering Sriram V Iyer, and Chief Operating Officer for offline initiatives Anuj Bhargava had also quit during February this year.