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Ola: Ola revenue doubles in FY22, but losses widen 36% to Rs 1,522 crore - Vimarsana News

Ola: Ola revenue doubles in FY22, but losses widen 36% to Rs 1,522 crore

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.

Ola reports consolidated revenue of Rs 1,970 crore; losses mount to Rs 1,522 crore - Vimarsana News

Ola reports consolidated revenue of Rs 1,970 crore; losses mount to Rs 1,522 crore

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

Vanguard cuts Indian ride-hailing giant Ola's valuation by 52% - Vimarsana News

Vanguard cuts Indian ride-hailing giant Ola's valuation by 52%

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,…

Source: biztoc.com
Vanguard cuts Indian ride-hailing giant Ola's valuation by 52% - Vimarsana News

Vanguard cuts Indian ride-hailing giant Ola's valuation by 52%

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,…

Source: biztoc.com
Vanguard slashes Bhavish-run Ola's valuation by 52% at $3.5 bn: Report - Vimarsana News

Vanguard slashes Bhavish-run Ola's valuation by 52% at $3.5 bn: Report

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 ...