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Ola founders get allotted fresh shares worth Rs 544 Cr

Shortpedia

Content Team

Ola co-founders Bhavish Aggarwal and Ankit Bhati have been among a few dozen entrepreneurs who have successfully scaled their business to multi-billion dollar valuation. While the value of their stakes in Ola already worth several thousand crore rupees, regulatory filings show that both have further added hundreds of crores to their personal net worth after they recently received 2,56,038 equity shares at a nominal price of Rs 10 per share.