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May 11, 2025 by appcompact
Categories Startup News
Vanguard marks down Ola’s valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India (Harsh Upadhyay/Entrackr)
Lloyd’s of London insurers launch a product to cover companies for losses caused by AI chatbot errors; the policies are developed by YC-backed startup Armilla (Financial Times)

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