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Vanguard slashes Bhavish-run Ola`s valuation by 52% at $3.5 bn Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more than half, which takes Bhavish Aggarwal-run company’s valuation down to nearly $3.5 billion from $7.3 billion at the end of 2021, the media reported on Tuesday. According to a TechCrunch report, citing Vanguard’s filings, the investment firm has cut the worth of its shares in Ani Technologies, Ola’s holding firm, by 51.6 per cent. "The asset manager marked down the ...
Vanguard slashes Bhavish-run Ola`s valuation by 52% at $3.5 bn
Vanguard slashes Bhavish-run Ola`s valuation by 52% at $3.5 bn
Source: IANS
2/08/2023 2:59:34 PM
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities Key News Ola EV fire: Centre deputes team of experts to investigate case The Centre has decided to depute a team of independent experts to investigate incidents of Ola electric scooters catching fire, CNBC-TV18 reported - quoting government sources. The government sources said: “Centre has taken note of the incidents involving fires in electric vehicles; will probe them… Deputing independent experts to investigate cases of EVs catching fire.” Russia's Gazpro...
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities
Key News - Ola Cabs, Wockhardt ,SBI Life Insurance, BlackRock, Tata AIA Life Insurance By ARETE Securities
Source: ARETE Securities Ltd
29/03/2022 9:24:24 AM
Ola Cars to hire 10,000 people, expand to 100 cities Mobility platform Ola on Thursday said it plans to hire 10,000 people, as it eyes a leadership position with $2 billion gross merchandise value (GMV) for its vehicle commerce platform Ola Cars over the next 12 months. Over the next two months, Ola Cars will be operational in 30 cities and expand to 100 cities by next year, it said in a statement. Ola Cars claimed it has sold 5,000 pre-owned cars in its first full month of operation. "We are rapidly expanding to 100 cities in the...
Ola Cars to hire 10,000 people, expand to 100 cities
Ola Cars to hire 10,000 people, expand to 100 cities
Source: IANS
22/10/2021 12:03:53 PM
Ola appoints Rakesh Bhardwaj as Group CIO Ride-hailing major Ola on Wednesday announced the appointment of Rakesh Bhardwaj as Group Chief Information Officer (CIO). In this role, Rakesh will provide strategic direction to the group's IT initiatives covering information systems, tools, security, IT infrastructure and assets across Ola's global operations and businesses. "I am pleased to welcome Rakesh to our leadership team," Bhavish Aggarwal, Chairman and Group CEO, Ola, said in a statement. "Rakesh...
Ola appoints Rakesh Bhardwaj as Group CIO
Ola appoints Rakesh Bhardwaj as Group CIO
Source: IANS
19/05/2021 5:11:27 PM