SoftBank In Tussle With Bhavish Aggarwal To Increase Stake In Ola

SoftBank In Tussle With Bhavish Aggarwal To Increase Stake In Ola

SUMMARY

At Present, SoftBank Controls 26-27% Stake In Ola

Japanese conglomerate SoftBank, which has been an investor in most promising startups in India, is currently forging a way to increase its share in the homegrown cab aggregator Ola. The official route for this would be to get Ola founders viz co-founder and CEO Bhavish Aggarwal’s approval.

As per reports, SoftBank is in talks to buy Ola shares from Tiger Global.

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