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Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.- Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Exclusive: Ola brand IP may transfer to Bhavish Aggarwal’s family office amid group restructuringANI Technologies operates the group’s ride-hailing business and holds the brand IP, which is currently licensed to Ola Electric, a separate...
- Ola plans $500 million IPO, to appoint banks soonSoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months...
- Vanguard slashes Ola valuation by 29% to below $2 billionUS investment major Vanguard has marked down the fair value of Ola's parent ANI Technologies to $1.88 billion. This is 29% lower than its p...
- Ola’s losses widen, revenue doubles; Zerodha allocates Rs 1,000 crore to fund startupsBhavish Aggarwal's Ola finally disclosed its financials for FY22 after a year-long delay. This and more in today’s ETtech Top 5.
- Ola revenue doubles in FY22, but losses widen 36% to Rs 1,522 croreANI Technologies, the parent firm of ride-hailing startup Ola, reported consolidated revenue more than doubling to Rs 1,970.4 crore from th...
- Ola Electric to launch S1X on August 15: ReportsOla is planning to launch an entry-level electric scooter called S1X in the Indian market, with a starting price of less than INR 1 lakh. T...
- US investment firm Vanguard slashes Ola’s valuation again by more than 50% to $3.5 billionThe valuation cut comes at a time when a number of headline investors in multiple Indian startups have done the same, amid a global rout ac...
- Ola to roll out premium service Prime Plus to more usersIn May, Ola launched the pilot programme of Prime Plus to select users in Bengaluru. The new premium service offers top cars and drivers an...
- Ola launches premium, no-cancellation cab service Prime PlusThe service will initially be available for select customers in Bengaluru starting Sunday.
- Baron Capital slashes Swiggy’s valuation yet again to $6.38 billionBaron Capital had marked down Swiggy’s valuation by 34% to $7.1 billion as of December 2022, which ET reported on May 16.
- Ola’s valuation slashed 35% to $4.8 billion by US investor VanguardThe development comes on the back of Ola exiting verticals like food and grocery delivery and second-hand car sales, to focus on its mainst...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- Ola IPO to hit the street early 2022Investment banks including Morgan Stanley, Goldman Sachs, Kotak Mahindra Capital, Citigroup and JP Morgan are understood to be working with...
- Investor cuts Ola valuation to about $3 billionVanguard Group, which currently owns less than 1% of Ola, cut the value of its investment in the ride-hailing firm by 45% in the first half...
- US funds mark down Paytm & Ola valuation as Covid hits businessOla, whose business has taken a bigger hit due to the pandemic, has seen the valuation of its shares fall by nearly 50% by Vanguard as of A...
- Asset management firm marks up Flipkart's valuation by up to 64%, Ola's by 12%The move to markup the share prices comes after both their valuations fell by 30-40% and successive markdowns faced by the two companies in...
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