Home Latest News Vanguard slashes Ola’s valuation by over 50%

Vanguard slashes Ola’s valuation by over 50%

0
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 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.

Exit mobile version