By 18 July, 2017
Ola’s senior director of operations Deep Singh resigns
Photo Credit: Akshansh Maan/VCCircle

Deep Singh
Deep Singh, senior director of operations at cab-hailing firm Ola, has resigned citing personal reasons, two persons with direct knowledge of the development told VCCircle.

Singh joined Ola, which is operated by Bengaluru-based ANI Technologies Pvt. Ltd, in 2013. He was business head for the north division. In his most recent role, he was senior director of operations, heading Delhi-NCR.

An IIM Kozhikode alumnus, Singh worked with beauty and wellness services company Belita before joining Ola.

Ola did not respond to an email query from VCCircle.

Ola has been grappling with top-level exodus for a long time now.

Its chief operating officer of offline initiatives, Anuj Bhargava who was instrumental in launching initiatives like Ola Play, had resigned in February this year. In the same month, Sriram V Iyer, head of engineering and senior director at Ola Innovation Labs, had also resigned from the firm.

In February, VCCircle exclusively reported the exits of Ola’s chief financial officer (CFO) Rajiv Bansal and chief marketing officer (CMO) Raghuvesh Sarup.

Other senior-level exits at Ola included those of Sundeep Sahni, who headed its new initiatives and Abhimanyu Rawal who led the luxury cab service Ola Lux. Both quit in December 2016.

The company reshuffled its top deck in January this year by bringing in Pepsi India executive Vishal Kaul as chief operating officer and designating the incumbent COO Pranay Jivrajka as founding partner. It also hired Shalabh Seth as CEO of Ola Fleet Technologies, a wholly-owned leasing subsidiary of the company.

In February, the company also appointed Pranav Tiwari, former CTO of life sciences tech firm Cellworks, as vice president (VP) of engineering and Sanjay Kharb, former VP of product engineering at InMobi, as VP of engineering infrastructure.

Ola’s cab-aggregation service is present in 110 cities in India, and users can book cabs and auto-rickshaws using its app.

The company recently raised around $50 million from New York-based hedge fund Tekne Capital Management LLC. In May, the Bangalore-based firm raised Rs 670 crore in a fresh round of funding from Ratan Tata’s venture fund RNT Capital Advisers LLP and US hedge fund Falcon Edge Capital LP.

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