Vanguard cuts Ola's valuation by 35% as investors reassess value of their holdings

Vanguard cuts Ola's valuation by 35% as investors reassess value of their holdings

Photo: Ola website

US fund manager Vanguard Group has slashed the valuation of Indian ride-hailing startup Ola by 35%, from $7.4 billion to $4.8 billion.

Edited by: Padma Priya