Vanguard slashes Ola valuation by 60%-plus; NB reduces Pharmeasy’s by over 90%

TechCrunch
By Manish SinghNov 8, 2023, 2:11 am219 pts
The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by nearly two thirds since original investment, and Neuberger Berman has slashed the worth of its Pharmeasy shares by more than 90%, according to an analysis of the funds’ filings. Vanguard cut the…

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