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Ola Electric DRHP: Promoter's conflict of interest, mounting losses, soaring attrition among 7 things to watch out for - Vimarsana News

Ola Electric DRHP: Promoter's conflict of interest, mounting losses, soaring attrition among 7 things to watch out for

Ola Electric filed its Draft Red Herring Paper (DRHP) on December 22 and plans to raise Rs 7,250 crore via IPO.

Ola Financial Services Turns Profitable In FY22, Posts INR 9 Cr Profit - Vimarsana News

Ola Financial Services Turns Profitable In FY22, Posts INR 9 Cr Profit

Ola Financial Services posted a standalone net profit of INR 8.68 Cr in FY22 as against a net loss INR 56.2 Cr in FY21

Source: inc42.com
Bhavish Aggarwal Launches Ola Prime Plus In B'luru - Vimarsana News

Bhavish Aggarwal Launches Ola Prime Plus In B'luru

Ride-hailing unicorn Ola has launched its premium cab service, Ola Prime Plus, in Bengaluru, months after launching an EV cab service.

Source: inc42.com
Markdown Season: Vanguard Slashes Ola's Valuation By 35% To $4.8 Bn - Vimarsana News

Markdown Season: Vanguard Slashes Ola's Valuation By 35% To $4.8 Bn

Vanguard Group has reportedly reduced the value of the ride-hailing startup Ola by 35% from $7.4 Bn to $4.8 Bn.

Source: inc42.com
MASSIVE job cut: Ola to fire 200 employees - Vimarsana News

MASSIVE job cut: Ola to fire 200 employees

Over 1000 employees have left the Bhavish Agrawal-led business in the last seven months.

Source: india.com