Ola's Charge Runs Out of Juice
Charted: The company that once owned half the market now barely registers on it
Ola Electric’s market cap today: $1.2 billion. Ola Electric’s valuation in private markets three years ago: $5.4 billion.
Ather’s market cap today: $2.95 billion. Ather’s valuation in private markets three years ago: $426 million.
Introducing Charted, a new newsletter from India Dispatch that picks one chart and unpacks what it tells you about India’s economy, markets and policy. Four to five times a week.