SoftBank Q2: Lenskart and Meesho Lift Valuations as Ola Electric Drags on Returns
SoftBank’s Vision Fund 2 posted a $42 million valuation loss on its listed India exposure in the second quarter, underscoring the uneven performance of its startup portfolio. Gains in Lenskart and Meesho helped cushion the impact, but losses tied to Ola Electric highlighted the continuing volatility in public-market valuations for Indian new-age companies.
