Ola gets a breather after sharp valuation cut ahead of planned IPO

By TEAM VCC

  • 07 May 2024
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Bhavish Aggarwal, Ola co-founder and CEO | Credit: Ola Electric/LinkedIn

An Ola investor that last year slashed the Indian company’s valuation to a level seen nearly a decade ago has now marked up the value of its holding in the private equity-backed cab aggregator, albeit only marginally, VCCircle has gathered.  In what comes as a reprieve for the mobility unicorn that is ......

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