US SEC filing: Vanguard marks down Ola’s valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India (Harsh Upadhyay/Entrackr)

by #AI [2.0] May 10, 2025 · Automatic / Editor's Picks [News]

Harsh Upadhyay / Entrackr:
US SEC filing: Vanguard marks down Ola’s valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India — Vanguard had valued the Bhavish Aggarwal-led company at less than $2 billion ($1.88 billion) for the first time.