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SoftBank is the second-largest shareholder in Ola Electric after founder Bhavish Aggarwal, who held 30.02% in the company at the end of the June quarter
The investment arm of SoftBank, SVF II Ostrich (DE) LLC, sold 2.15% stake in the company between July 15 and September 2
Following the share sale, its stake in the Bhavish Aggarwal-led company declined to 15.68% from 17.83% before
Shares of Ola Electric slumped as much as 6% to INR 60.70 during the early trading hours…
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SoftBank is the second-largest shareholder in Ola Electric after founder Bhavish Aggarwal, who held 30.02% in the company at the end of the June quarter
The investment arm of SoftBank, SVF II Ostrich (DE) LLC, sold 2.15% stake in the company between July 15 and September 2
Following the share sale, its stake in the Bhavish Aggarwal-led company declined to 15.68% from 17.83% before
Shares of Ola Electric slumped as much as 6% to INR 60.70 during the early trading hours…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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