financetom
Business
financetom
/
Business
/
FMCG veteran Rajeev Bakshi joins Ola's food business
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FMCG veteran Rajeev Bakshi joins Ola's food business
Jan 14, 2020 4:27 AM

Ride-hailing platform Ola's food business, that includes own brands offering khichdi, rice bowls and biryani in six cities, on Tuesday brought senior FMCG executive Rajeev Bakshi as board advisor to Ola Foods.

Bakshi was recently managing director of METRO Cash & Carry India and previously worked with PepsiCo and Cadbury.

"Ola has the opportunity to build highly loved food brands in a market that is hitherto underserved. With access to hundreds of millions of consumers who use Ola as an everyday platform, the brands will also have a unique advantage in terms of reach and influence," Bakshi said in a statement.

Ola, with its food business, aims to build its own-food brands like its flagship khichdi experiment, and a range of brands across categories like rice bowls, biryani and health food etc..

Ola currently runs 36 kitchens across six cities.

"We are at a very early part of our journey wherein we are building unique consumer offerings through differentiated distribution formats, both online and offline," said Pranay Jivrajka, CEO of Ola Foods and Founding Partner at Ola.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Helmerich & Payne Swings to Fiscal Q4 Loss, Revenue Rises
Helmerich & Payne Swings to Fiscal Q4 Loss, Revenue Rises
Nov 17, 2025
04:44 PM EST, 11/17/2025 (MT Newswires) -- Helmerich & Payne (HP) posted a fiscal Q4 loss late Monday of $0.58 per diluted share, swinging from earnings of $0.76 a year earlier. Four analysts polled by FactSet expected earnings of $0.28. The oilfield services firm's revenue for the quarter ended Sept. 30 was $1.01 billion, up from $693.8 million a year...
Coinbase (COIN) Stock Plunges Amid Crypto Crash
Coinbase (COIN) Stock Plunges Amid Crypto Crash
Nov 17, 2025
Coinbase Global Inc ( COIN ) stock fell sharply Monday, dragged down by a crypto-market crash and broader Wall Street anxiety. The general market is facing its worst weekly slump for tech stocks since April, with investors cautious ahead of new economic data and Nvidia's highly anticipated earnings. COIN is taking a hit from negative sentiment. Follow the breaking news...
FS Specialty Lending Fund Insider Bought Shares Worth $650,659, According to a Recent SEC Filing
FS Specialty Lending Fund Insider Bought Shares Worth $650,659, According to a Recent SEC Filing
Nov 17, 2025
04:19 PM EST, 11/17/2025 (MT Newswires) -- Michael C. Forman, Director, Trustee, Chairman, President and Chief Executive Officer, on November 13, 2025, executed a purchase for 48,370 shares in FS Specialty Lending Fund ( FSSL ) for $650,659. Following the Form 4 filing with the SEC, Forman has control over a total of 121,605 shares of the company, with 73,235...
Lineage Insider Bought Shares Worth $1,012,197, According to a Recent SEC Filing
Lineage Insider Bought Shares Worth $1,012,197, According to a Recent SEC Filing
Nov 17, 2025
04:43 PM EST, 11/17/2025 (MT Newswires) -- Robb A. LeMasters, Chief Financial Officer, on November 13, 2025, executed a purchase for 30,000 shares in Lineage (LINE) for $1,012,197. Following the Form 4 filing with the SEC, LeMasters has control over a total of 89,500 common shares of the company, with 60,000 shares held directly and 29,500 controlled indirectly. SEC Filing:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved