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Leading US asset manager Vanguard has significantly reduced its holding in ride-hailing giant Ola, resulting in a substantial drop in the company’s valuation. According to media reports, the valuation of Ola, run by Bhavish Aggarwal, has been reduced to nearly $3.5 billion from $7.3 billion at the end of 2021. Vanguard Marks Down Ola Shares […]
The post Vanguard slashes Ola’s valuation by over 50% appeared first on StartupNews.fyi.
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