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Bhavish Aggarwal’s new fundraise: Scooter sales picked up, but Ola Electric has a valuation challenge

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After a tumultuous start, widespread complaints, a fire, and sharp decline in customer interest, the company’s two-wheeler sales are finally picking up. But the exuberance of its founder on Twitter can hardly mask a mounting cost challenge, lingering safety issues, and the deprioritisation of some ambitious plans. 

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