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Vanguard slashes Ola's valuation by another 29% to $1.88 billion

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Ola Mobility sacks 300-350 employees to optimise costs

Employees across teams including product, marketing, sales, supply, tech, business and operations were affected, said sources closely aware of the developments. ....

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Ola fires 300-350 employees in 3 weeks; product, marketing, supply, tech departments hit

Employees across teams including product, marketing, sales, supply, tech, business and operations were affected, said sources closely aware of the developments. ....

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Following recent exits, Ola brings down curtain on Ola Dash and 'reorients' Ola Cars

Ola, which is also planning to go public later this year or early next year was last valued at $7.3 billion when it raised $139 million in its Series J round, led by Edelweiss PE, IIFL, and Sunil Munjal-led Hero Enterprises. ....

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