Ola Cabs CFO Kartik Gupta quits seven months after taking charge

Kartik Gupta, the Chief Financial Officer (CFO) of ANI Technologies, the parent company of ride-hailing service Ola Cabs, has stepped down, according to sources. Gupta’s resignation comes two weeks after Ola Cabs’ Chief Executive Officer Hemant Bakshi quit.

“As part of an ongoing restructuring, Ola Mobility CFO Kartik Gupta has stepped down from the company. This restructuring is aimed at productivity enhancement in an AI-led era that is redefining the cab-hailing industry globally.