Tech
SoftBank pares stake in Ola Electric to 15.7%
[ad_1]
Masayoshi Son-led SoftBank Group has pared its stake in electric scooter maker Ola Electric to 15.68% from 17.83% by offloading 2.15% over the past two months, according to a stock exchange filing on Thursday.
SoftBank, which is the second-largest shareholder in the Bengaluru-based company after founder Bhavish Aggarwal, sold 94.9 million shares through multiple transactions between July 15 and September 2.
The sale price of the shares was, however, not disclosed.
Other major investors in Ola Electric include Tiger Global Management, Alpha Wave…
[ad_2]
Source link
Continue Reading
You must be logged in to post a comment Login