Big: Ola Cabs (Ola Consumer) valuation has been reduced to $70 Mn, according to the latest disclosure by its early backer Vanguard.
Ola was once valued at $7.3 Bn in December 2021.
📷 Ola’s valuation has fallen by nearly 99% from the level at which Vanguard first invested
Not putting out everything here
But keep enough proof and enquire before taking the ride. There are hidden charges …. And it’s not 500, or 1000 rupees… it’s way more than what you will figure out
Lot of stakeholders r involved behind the scenes. Be careful