#downgrade Tech News.
1 story in the last 7 days
The latest downgrade news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks downgrade across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
StartupsInc42about 5 hours ago
Ola Consumer's Race Against TimeOla 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.
Summaries by ByteBrief