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In 50 Words: Investors slash values of Ola, PharmEasy stakes
Vanguard slashed the value of its holdings in Indian startup Ola by roughly two-thirds, while Neuberger Berman reduced the worth of its PharmEasy shares by more than 90%. These decisions brought Ola’s valuation down to around US$2.65 billion and PharmEasy’s to about US$550 million.
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