Flipkart cofounder Sachin Bansal is in talks to sell his $100M Ola stake. He's negotiating a premium valuation of $4B for the ride-hailing company.

Sachin Bansal's $100M Stake Sale in Ola

Bansal aims to liquidate Ola holdings to fund Navi, his fintech venture. Navi has faced regulatory challenges while attempting external fundraising.

Focus Shifts to Navi Fintech

Investors recently cut Ola's valuation to $2B (Aug 2024) from its peak of $7.3B in 2021. This may affect the final deal for Bansal's stake.

Ola's Valuation Slashed

Navi Finserv faced RBI restrictions on lending, which were lifted in Dec 2024. Earlier fundraising talks for a $2B valuation fell through.

Navi's Growth Hurdles

Ola plans to launch its IPO by FY26. The company is rebranding as Ola Consumer, expanding into grocery delivery and dark store services.

Ola's IPO on the Horizon

Ola posted a 1,082 crore loss in FY23, though revenue grew by 58% to ₹2,135 crore. FY24 financials are awaited for further insights. Source - The Economic Times

Ola's Financial Update

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