Ola valuation is now reduced to 1.88 i.e. 74% down from its peak. What's going on with indian unicorns🙃
https://www.ndtvprofit.com/business/olas-valuation-cut-to-under-2-billion-by-vanguard
I guess the had the same tech valuations problem that WeWork and any non-tech businesses have had in the last couple of years.