SoftBank Sells Ola Electric Stake
SoftBank's investment arm has disclosed a significant sell-off of its stake in Ola Electric Mobility. Through its investment vehicle, SVF II Ostrich (DE) LLC, the firm has offloaded an aggregate of 94,628,299 equity shares. These disposals were undertaken across a period ranging from September 3, 2025, to January 5, 2026.
The transaction on January 5, 2026, specifically pushed the total stake reduction beyond the 2% threshold mandated by SEBI regulations. The electric two-wheeler maker shared these details in a regulatory filing accessed via the Bombay Stock Exchange (BSE).
Holding Reduced
This series of sales means SVF II Ostrich (DE) LLC's holding in Ola Electric has consequently decreased to 13.53% from a previous 15.68%. This divestment continues a trend observed last year. Between July 15, 2025, and September 2, 2025, SVF II Ostrich (DE) LLC had already sold a total of 94,943,459 equity shares. Those prior disposals had reduced the stake to 15.68% from 17.83%. The regulatory disclosures confirm SoftBank's ongoing strategy to reduce its exposure in the burgeoning Indian electric vehicle market.