MAM
DPhi appoints Bconnect Communications as its communication partner
Mumbai: Belgium and India based DPhi has appointed a new-age integrated marketing communication agency — Bconnect Communications — to manage its external communication across pan India.
DPhi is an artificial intelligence (AI)-focused community platform. Chanukya Patnaik founded the company in 2020 with the goal of educating and building AI for everyone in order to solve key challenges for humanity.
Headquartered in Delhi, Bconnect Communication will look into the strategic communication for DPhi as it is important to convey the right message to the audience about the brand initiatives.
On its collaboration with Bconnect Communications, DPhi founder Chanukya Patnaik said, “We are glad to onboard Bconnect Communications as our communication partner. We’ve worked with them on a few engagements before getting into this longer collaboration. Neha and her team showed great enthusiasm, ownership, and a keen willingness to make an impact. Most importantly, they are well connected across most Indian media outlets and have shown remarkable results in a short span. This collaboration will help DPhi reach a wider audience, and we are looking forward to it.”
Bconnect Communication founder and director Neha Bahri said, “Business-to-business technology is our core forte. It is the most demanding segment right now in the global and Indian markets. Our strong business acumen in the sector and past experience in the B2B and AI space gives us an edge in working on our strong portfolio of clients. I believe we will be able to deliver through a mix of communication strategies.”
DPhi said that it has fostered AI-driven innovation among several companies and has solved social and business problems, including predicting earthquakes to save lives, safeguarding NFTs, building an AI powered lens for the blind and many others.
DPhi claims to provide free AI and data science courses by industry experts from large tech companies or startups worldwide. It claims that over 100K learners across 150 countries have benefited from its courses in the past two years.
Brands
Ola Electric revenue falls, losses continue in December quarter
Company cuts expenses and seeks fresh funds as sales slow and regulators raise questions.
MUMBAI: It seems Ola Electric is currently navigating a bit of a patchy connection, and we are not just talking about a dropped Bluetooth sync on the dashboard. The electric vehicle (EV) giant’s latest financial results for the quarter ended 31 December 2025 have hit the wires, and the numbers are looking more short circuit than supercharged.
The company’s consolidated revenue from operations for the December quarter came in at Rs 470 crore, a significant deceleration from the Rs 690 crore recorded in the preceding quarter. The comparison to the same period last year is even more stark, when revenue stood at a much loftier Rs 1,045 crore. Despite a small recharge of Rs 18 crore from previously unclaimed government subsidies under the EMP5-2024 and PM E-Drive schemes, the overall income trajectory has clearly lost its torque.
Total income for the quarter stood at Rs 504 crore, while the bottom line remained firmly in the red, with a quarterly loss of Rs 487 crore. For the nine-month period ending December 2025, the total accumulated loss has now ballooned to a staggering Rs 1,333 crore.
In an effort to keep the wheels from falling off, Ola has been aggressively downshifting its expenditure. Total expenses for the quarter were slashed to Rs 741 crore, a massive drop from the Rs 1,505 crore spent during the same quarter the previous year.
This belt-tightening suggests a pivot toward leaner operations as the company attempts to find a sustainable cruising speed. However, even with these deep cuts, the going concern tag is being sustained largely by Rs 1,503 crore in remaining IPO proceeds, along with a fresh shareholder approval to raise another Rs 1,500 crore through equity or convertible securities.
The National Stock Exchange (NSE) and SEBI have also been examining the matter closely, questioning why Ola’s press claims did not align with official Vahan portal data. The company had earlier announced 25,000 units sold in February 2025, but has now clarified to regulators that this figure referred to vehicle bookings rather than final registrations. Under Ola’s accounting policy, a sale is recognised only once the scooter is delivered and registered. Management maintains that this clarification will not have a material impact on the financials, although it has certainly raised eyebrows in the market.
The group’s cash flow situation remains under pressure. For the nine months ended 31 December 2025, Ola reported a negative cash flow from operations of Rs 866 crore, attributing it primarily to lower-than-expected growth in sales volume.
Adding to the complexity are the new Labour Codes. The company has already factored in an additional Rs 5.06 crore in liabilities due to changes in wage definitions affecting gratuity. Meanwhile, the Cell segment, which represents Ola’s major bet on battery manufacturing, is still at an early stage. It contributed just Rs 9 crore to revenue, compared to Rs 407 crore from the automotive segment.
As Ola attempts to navigate this financial fog, the message is clear: the road to an electric future is paved with expensive ambitions. For now, the company is applying the brakes to avoid a deeper skid.
