Vanguard marks down Ola’s valuation by 40%3 min read . Updated: 03 Feb 2017, 02:56 PM IST
Ola's valuation markdown by Vanguard Group is the latest indicator of imminent down rounds at many of India's unicorn start-ups, including Flipkart and Snapdeal
Bengaluru: US-based investment firm Vanguard Group has slashed the valuation of its stake in India’s largest cab-hailing service Ola—the latest indicator of imminent down rounds at many of India’s unicorn start-ups.
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