Vanguard slashes Ola’s valuation to $1.25 billion, down 80% from peak
- Posted on May 9, 2025
- By Financial Express
- 5 Views
Vanguard slashes Ola’s valuation to $1.25 billion, down 80% from peak
Vanguard slashes Ola’s valuation to $1.25 billion—an 80% drop from its 2021 peak—amid shrinking market share and declining revenue. Despite turning EBITDA-profitable, Ola lags behind Rapido and Uber in daily rides while exploring IPO prospects post rebranding as Ola Consumer.
