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SoftBank Eyes India Payday As Three Portfolio Startups Head For IPOs In August First Week
With Ola Electric's IPO set to open tomorrow and the red herring prospectuses of FirstCry and Unicommerce, SoftBank is set to make gains on its near-decade long bets in India.
01 Aug 2024, 12:46 PM IST 
(Source: Softbank website)
SoftBank, the prolific Japanese investor that has placed bets on myriad Indian startups, is set to sell shares in as many as three firms within the first week of August.Via its associates, SoftBank will sell shares in IPO-bound Ola Electric, whose offer opens on Aug. 2. It will also pare stakes in Snapdeal Group's Unicommerce and Brainbees Solutions Ltd., which operates FirstCry. The two offers open on Aug. 6.SoftBank currently holds...
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