Ola investor marks down IPO-bound firm’s valuation yet again

 Ola investor marks down IPO-bound firm’s valuation yet again

Ola operates in over 250 cities across India, Australia, New Zealand, and the UK. Photo credit Ola/Facebook

An investor in Indian firm Ola has yet again lowered its estimate of the company’s valuation after slashing it by nearly half at the onset of the Covid-19 pandemic that disrupted the ride-hailing business last year. Ola, operated by ANI Technologies Pvt. Ltd, was one of the worst-hit technology startups […]
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Vivek Sinha

The Capital Quest