Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground

Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground



Japan’s SoftBank Group, private equity fund Warburg Pincus, Singapore sovereign wealth fund Temasek, New York-based hedge fund Tiger Global and Z47 (formerly Matrix Partners India), have seen the value of their holdings in Bhavish Aggarwal’s Ola businesses shrink sharply from their peaks as the electric vehicle maker and the company behind Ola Cabs face stronger competition and falling revenue.ANI Technologies, which operates Ola Cabs, reached a



Source link

Online Company Registration in India

Leave a Reply

Your email address will not be published. Required fields are marked *