Vanguard slashes Ola valuation 99% to $70 Mn; Agilitas, Fraganote raise fresh capital
Vanguard marks down Ola Consumer to $70 Mn from $7 Bn ahead of IPO prep, as FY25 losses hit ₹662 Cr on ₹1,171 Cr revenue. BlueStone eyes ₹12,000 Cr by FY30. Agilitas bags ₹225 Cr, Fraganote ₹29 Cr. SoftBank offloads ₹2,873 Cr Lenskart stake via block deal.
Roundup: Vanguard slashes Ola valuation 99% to $70 Mn amid IPO prep; BlueStone targets ₹12,000 Cr by FY30; Agilitas raises $24 Mn; Fraganote raises $3 Mn; SoftBank offloads ₹2,873 Cr in Lenskart block deal.