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Vanguard cuts Indian rideshare startup Ola’s valuation to $2B


Vanguard has revised its valuation of Indian ride-hailing startup Ola to about $2 billion as of the end of August.

Vanguard has revised its valuation of Indian ride-hailing startup Ola to about $2 billion as of the end of August, according to a regulatory filing. The valuation adjustment follows previous cuts by Vanguard, including one in August 2023 that valued the company at about $2.6 billion. His third venture, AI startup Krutrim, raised its first funding round earlier this year at a valuation of $1 billion.

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