Page 2 - Ani Technologies News Today

ANI Technologies, the parent firm of ride-hailing startup Ola, reported consolidated revenue more than doubling to Rs 1,970.4 crore from the Rs Rs 983.2 crore it reported in the year ended March 2022.

The company reported a consolidated loss of Rs 1,522.3 crore in FY22, up by around 36.3 percent YoY mainly on account of rise in its overall expenses

The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment,…

The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment,…

Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more than half, which takes Bhavish Aggarwal-run company's valuation down to nearly $3.5 billion from $7.3 billion at the end of 2021, the media ...

Vanguard, which holds 166,185 shares of Ola or about 0.7 percent stake in the company, has pegged the fair value of its stake at $25,038,000, down from its acquisition cost of $51,748,000, the AMCs regulatory filings showed. This implies a valuation of $3.5 billion for Ola against its last private market valuation of $7.3 billion.

Vanguard disclosed a 51.6% reduction in the value of its shares in ANI Technologies, Ola's holding firm, as of the end of May 2023.

Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more than half, which takes Bhavish Aggarwal

New Delhi, July 28 (IANS) IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335

IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed publicly.The company reported sales of over ...