Key Highlights:
- Bhavish Aggarwal calls MapMyIndia’s allegations “opportunistic” ahead of Ola Electric IPO.
- MapMyIndia accuses Ola Electric of copying their mapping data and violating a license agreement.
- CE Info Systems claims Ola Electric engaged in reverse engineering and data duplication.
- Ola Electric denies the allegations, labeling them as false and misleading.
The current CEO of Ola Electric, Bhavish Aggarwal, has come out in a bid to dismiss the accusations by MapMyIndia saying that Ola Maps is not a replica of their company’s product. In a press briefing held at the Sankalp event, Aggarwal remarked that the accusations are ‘merely opportunistic’, especially given that they were made ahead of Ola Electric’s IPO.
Ola Electric CEO Labels Allegations as Opportunistic
Aggarwal criticized MapMyIndia’s allegations as being motivated, claiming that these claims were filed at the time when Ola Electric had just gone for IPO. He stressed that the company has sent a strong reply to MapMyIndia and is ready to solve the problem legally.
Filled with these descriptions, ‘empty vessels make more noise’, Aggarwal remarked about the perceived timing of the allegations. He condemned it as a calculated step to fan the news agenda in the run-up to Ola Electric’s imminent Initial Public Offering.
MapMyIndia’s Legal Claims
In the prior month, CE Info Systems, which is the parent of MapMyIndia, sent a legal notice to Ola Electric. The notice alleges that Ola has copied MapMyIndia’s data to build Ola Maps. The former subsidy, CE Info Systems, alleges that Ola Electric infringed on a license agreement made in June 2022. This agreement barred OLA from incorporating the licensed product with other competing products, reverse engineering, and copying the source code.
CE Info Systems has claimed that Ola Electric stored and maintained MapMyIndia’s data and copied the licensed product. As per their legal notice, they copied their API and SDKs to produce Ola Maps which utilize MapMyIndia’s data.
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Ola Electric’s Response
Ola Electric has responded to these allegations by asserting that they are false and misleading. The company maintains that its business processes are intact and that the claims made by MapMyIndia are unfounded. A spokesperson for Ola Electric confirmed that they will address the notice and clarify their position in due course.
ELCTRIK Speaks
The allegations from MapMyIndia have sparked a significant response from Ola Electric. Bhavish Aggarwal’s dismissal of the claims as opportunistic highlights the tense atmosphere surrounding Ola’s upcoming IPO. As both companies navigate this dispute, Ola Electric is committed to defending its practices and addressing the allegations through the appropriate legal channels.
