Ola Mobility CFO Karthik Gupta quits after 7 months

Karthik Gupta, chief financial officer (CFO) of Ola Mobility, has quit the company just seven months after joining the firm.

An Ola spokesperson told FE that Gupta’s move is part of the ongoing restructuring exercise underway at the company. “This restructuring is aimed at productivity enhancement in an AI-led era that is redefining the cab-hailing industry globally. The exercise will allow Ola to strengthen cost structures, focus on growth and increase its bottom line,” said the spokesperson.