![Vanguard cuts IPO-bound Ola’s valuation by 52% to $3.5 bn](https://images.assettype.com/fortuneindia%2F2021-10%2F297e726b-cdbf-40c9-8bc8-e351cdb06eba%2FBhavish_Aggarwal_of_Ola.jpg?w=300&q=95)
Vanguard cuts IPO-bound Ola’s valuation by 52% to $3.5 bn
According to the firm's securities and exchange filing, Vanguard held 1,66,185 shares, or about 0.7% stake, in Bhavesh Aggrawal-led Ola as of May 31, 2023
According to the firm's securities and exchange filing, Vanguard held 1,66,185 shares, or about 0.7% stake, in Bhavesh Aggrawal-led Ola as of May 31, 2023
Most Indian mutual funds underperform their benchmark. In these times, investors have much to learn from American investment guru John Bogle.