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◉ August 2, 2023 • 1 min read
Vanguard slashes Ola’s valuation by over 50%
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…
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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 […]
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.
KEY NUMBERS
3.5 billionExtracted from story
7.3 billionAI
50%Story signal
—Story signal
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