How an Ola investor slashed its valuation by almost half after virus outbreak
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How an Ola investor slashed its valuation by almost half after virus outbreak

By Narinder Kapur

  • 23 Oct 2020
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How an Ola investor slashed its valuation by almost half after virus outbreak
Credit: VCCircle

Ride-hailing firm Ola’s valuation was cut by almost half earlier this year by one of its investors after a nationwide lockdown to control the COVID-19 pandemic brought its services to halt and forced it to cut costs and lay off staff. Ola, operated by ANI Technologies Pvt. Ltd has been among ......

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