#vanguard-markdown

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

Ola, the ride-hailing giant, has seen its valuation slashed by 72%, falling to around $2 billion from its peak of $7.3 billion in late 2021, according to Vanguard’s recent regulatory filings. The US-based asset manager now values its shares in ANI Technologies, Ola’s parent company, at $14.3 million, a steep drop from its initial $51 million investment. This markdown is an internal adjustment by Vanguard, reflecting Ola’s recent challenges, including high-level departures an

Business

05 Nov 2024 10:05 AM 1.73k views

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

Ola, the ride-hailing giant, has seen its valuation slashed by 72%, falling to around $2 billion from its peak of $7.3 billion in late 2021, according to Vanguard’s recent regulatory filings. The US-based asset manager now values its shares in ANI Technologies, Ola’s parent company, at $14.3 million, a steep drop from its initial $51 million investment. This markdown is an internal adjustment by Vanguard, reflecting Ola’s recent challenges, including high-level departures an

Business

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#vanguard-markdown

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

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US seizes Russia-flagged oil tanker in Atlantic amid sanctions enforcement

Picnic Flix Movie Nights Return to Dublin This Summer

Top 7 Must-Visit Temples in North India for Pilgrims

Trump Announces Plans to End Birthright Citizenship and Deport Undocumented Families

Why Smoking for Stress Relief Is a Dangerous Trap That Worsens Anxiety

Prosecutors Add Journalists to Witness List in Mamta Kafle Bhatt Murder Case Investigation

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

LIC Urges RBI to Introduce 100-Year Government Bonds for Long-Term Investments

10 Health Problems Caused by High Uric Acid Levels

New Jersey Residents Flock to Community Pools to Beat the Summer Heat

#vanguard-markdown

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift

US seizes Russia-flagged oil tanker in Atlantic amid sanctions enforcement

Picnic Flix Movie Nights Return to Dublin This Summer

Top 7 Must-Visit Temples in North India for Pilgrims

Trump Announces Plans to End Birthright Citizenship and Deport Undocumented Families

Why Smoking for Stress Relief Is a Dangerous Trap That Worsens Anxiety

Prosecutors Add Journalists to Witness List in Mamta Kafle Bhatt Murder Case Investigation

Jogi Ramesh Faces Legal Heat: Summoned for Attack on Naidu House Amid ACB Investigation

LIC Urges RBI to Introduce 100-Year Government Bonds for Long-Term Investments

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