SoftBank Sells Another 2.15% Stake In Ola Electric
SoftBankSoftBank(US:SFTBY) Inc42 Media·2026-01-10 00:30

The sell off comes as Ola Electric continues to grapple with regulatory scrutiny, intensifying competition in the E2W market, revenue contraction, heavy losses, and rising complaintsThis follows the investment firm offloading another 2.15% stake, or 9.4 Cr equity shares, in the OEM between July and September 2025SoftBank, via SVF II Ostrich (DE) LLC, effectively reduced its stake in the EV maker to 13.53% from 15.68% over the four month periodJapanese tech investor SoftBank Group sold 9.46 Cr shares, or 2.1 ...