Ola Consumer's Race Against Time

Ola Consumer's valuation fell to $70 million after Vanguard marked down its investment from $7.3 billion in 2021. The drop follows a 42% revenue decline to ₹1,171Cr in FY25 and net losses rising to ₹662Cr. Cash reserves halved from ₹1,395Cr to ₹653Cr in the same period. Moody's and S&P Global downgraded Ola Consumer's credit rating, citing dwindling liquidity.