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Vanguard slashes Ola's valuation to $1.25 billion
Financial Express Lucknow
|May 10, 2025
US-BASED ASSET management company Vanguard has marked down Ola's valuation to $1.25 billion, according to an SEC filing.
This represents more than 80% drop from its peak valuation of $7.3 billion in 2021.
In February last year, Vanguard had for the first time valued the Bhavish Aggarwal-led company below the $2-billion mark — at $1.88 billion. However, it later revalued the company at around $2 billion in November.
Bu hikaye Financial Express Lucknow dergisinin May 10, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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