Published 21:43 IST, February 5th 2024
Vanguard marks down Ola's valuation to $1.9 billion, 74% lower than peak
The valuation cut comes even as Ola narrowed its net loss in the fiscal year, reporting a loss of Rs 772 crore in FY23 compared to Rs 1,522 crore in FY22.
![Ola Cabs.](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/ola-cab-file-pti-170706342964816_9.webp)
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21:43 IST, February 5th 2024