Ola gets a sharp valuation markdown as EV arm readies for public float

By TEAM VCC

  • 30 Oct 2023
Premium
Bhavish Aggarwal, Ola co-founder and CEO | Credit: Ola Electric/LinkedIn

Cab aggregator Ola, which is preparing to take its electric vehicle unit public, has recorded a sharp markdown from an existing backer that pulled its valuation to a level it sported several years ago, as per VCCircle estimates.  The ride-hailing company has been on a rollercoaster ride when it comes to its ......

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