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Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected va...
Ola Electric Draft Red Herring Prospectus First Cry Business News Usiness News India Ndia Business News
Source: rediff.com

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