Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown
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Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown

By TEAM VCC

  • 07 May 2025
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Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown
Credit: VCCircle

Private equity-backed cab-hailing company Ola Consumer, which has been eyeing an initial public offering (IPO) following on the heels of group company Ola Electric, has received a fresh reality check as an existing investor has slashed the Indian company’s mark-to-market valuation to a level seen more than a decade ago.  A ......

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