Post-listing, SoftBank’s holdings in Ola Electric, FirstCry, Unicommerce worth $2 billion
By
Biju Kumar
The post-listing gains posted by new-age firms Ola Electric, FirstCry and Unicommerce, which went public this month, have boosted the worth of Japanese technology investor SoftBank’s stakes in these companies to almost Rs 16,000 crore, or nearly $2 billion, based on the latest stock prices of these three companies.
SoftBank has already realised around $400 million, or around Rs 3,300 crore (at current exchange rates), from secondary stake sales in the three companies.