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Ola set to acquire Avail Finance to double down on financial services

Ola set to acquire Avail Finance to double down on financial services
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Vanguard slashes Ola s valuation by another 29% to $1 88 billion

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Ola Financial Services Turns Profitable In FY22, Posts INR 9 Cr Profit

Ola Financial Services posted a standalone net profit of INR 8.68 Cr in FY22 as against a net loss INR 56.2 Cr in FY21

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3 insights to kick-start your day, featuring Ola s bad year

In Primeshots today: Olas bad year; Auto makers struggle to comply with PLI norms; and Maruti Suzukis share swap.

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Ola Valuation: US investment firm Vanguard cuts Ola s valuation further to $3 5 billion

The valuation cut comes at a time when a number of headline investors in multiple Indian startups have done the same, amid a global rout across public and private technology markets.

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