New Delhi, Jan. 20 -- Ola Electric has announced a key change at the top of its finance function, with chief financial officerHarish Abichandani stepping down, citing "personal reasons". The listed electric two-wheeler maker has appointed Deepak Rastogi, Chief Financial Officer, Ola Electric, with effect from January 20.

The transition comes at a testing moment for the Bhavish Aggarwal-led company, which is navigating regulatory scrutiny, slowing revenues, rising competition, and sustained pressure on margins in India's electric two-wheeler (E2W) market.

Abichandani joined Ola Electric in December 2023 and played a central role in steering the company through its public market debut in 2024. Since the listing, however, Ola Electric's op...