Will never merge: Ola CEO rubbishes reports of merger talks with Uber

Ola founder and CEO Bhavish Aggarwal has rubbished reports in a section of media about the company being in talks with Uber for a possible merger.

Bhavish Aggarwal said in a tweet that Ola is very profitable and growing well and if some other companies want to exit their business from India they are welcome to.

“Absolute rubbish. We’re very profitable and growing well. If some other companies want to exit their business from India they are welcome to! We will never merge,” he said responding to a media report that talked of the cab aggregator platform being in talks for a merger.