What happened? Ride-sharing platform Ola shut down its used vehicle business Ola Cars along with Ola Dash, its quick-commerce business on June 25, at a time when Indian companies are pouring money into the 10-15 minute grocery delivery market. The company said that it will look to focus on its electric vehicles and mobility businesses from here on. "With this clear focus, Ola has reassessed its priorities and decided to shut down Ola Dash- its quick commerce business. Ola will also be reorienting its Ola Cars business to focus more on strengthening go to market strategy for Ola Electric. Ola Cars’ infra, technology and capabilities will be repurposed towards growing Ola Electric’s sales and service network," the company said in a statement. It added that Ola Cars' infrastructure, technology and capabilities will be "repurposed towards growing Ola Electric's sales and…
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