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SOFTBANK OLA ELECTRIC
SoftBank sells 1.21 crore Ola Electric rights entitlements as EV maker seeks to raise Rs 1,000 croreSoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. M...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...
Ather & Ola Electric: A tale of two contrasting ridesAther Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial publi...
Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quitsOla Electric plans to raise up to Rs 1,500 crore through various share issuance methods. This significant fundraise follows a recent Rs 780...
Japan's SoftBank trims stake in Ola Electric to 15.7%SoftBank Group reduces its stake in Ola Electric. The shareholding now stands at 15.68%, down from 17.83%. This follows the sale of a 2.15%...
SoftBank posts first annual profit in four years, but Ola and Swiggy weigh on Vision Fund 2 in Q4SoftBank Group reported a $708 million investment loss for its Vision Fund 2 in the January-March quarter, primarily due to the poor perfor...
SoftBank's Masayoshi Son in India; Ola Electric shares surgeSoftBank chief Masayoshi Son met portfolio executives during his India visit. This and more in today’s ETtech Top 5.
Rajeev Misra set to leave SoftBank; group clocks profits from successful Indian IPOsRajeev Misra, 62, played a critical role in raising the Vision Fund, the largest pool of private capital that disrupted technology investin...
Fair pricing, macros aiding listing pop for new-age tech IPOs: SoftBank’s Sumer JunejaThe Masayoshi Son-led Japanese group’s cumulative holdings across the three recently listed companies, Ola Electric, FirstCry and Unicommer...
Post-listing, SoftBank’s holdings in Ola Electric, FirstCry, Unicommerce worth $2 billionThe Japanese technology investor has already raked in $400 million from secondary stake sales in these three companies. SoftBank had invest...
Early investors to gain big as FirstCry and Ola Electric go publicInvestors in FirstCry, Ola Electric, and Unicommerce experienced substantial gains when these startups went public. Early stakeholders, inc...
SoftBank offloads another 2% stake in PaytmEarlier in February last year, SoftBank held a 13.24% stake in fintech major Paytm and has continued to dilute its stake through the course...
SoftBank took home $1.8-1.9 billion from four listed portfolio companiesJapanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian...
Ola Electric gets $250m funding from SoftBankWith 22-24% stake, Japanese conglomerate becomes single largest investor in the EV unit.
SoftBank pumps in $250 million in Ola ElectricOla Electric is currently running several pilots involving charging solutions, battery swapping stations, and deploying vehicles across two...
Bhavish Aggarwal’s new investor grouping distances Ola further from SoftBank as merger with Uber goes off the tableCab aggregator’s new investor group distances Ola further from its biggest stakeholder SoftBank as merger with rival Uber goes off the tabl...
Softbank's Masayoshi Son wishes to gift a million electric cars to Ola cabbiesIndia investment likely to cross pledged $10 billion, says SoftBank chief Masayoshi Son.