ResultsInc42
SoftBank Q2: Lenskart Meesho Gains, Ola Electric Losses
Positive+67
GreyOak summary
SoftBank's Vision Fund 2 reported a $42 Mn valuation loss on Ola Electric in Q2 FY26, while Lenskart and Meesho drove gains of $273 Mn and $121 Mn respectively. Overall, the fund posted a net loss of nearly $7 Bn due to rising data center costs and financing payments, marking its first loss-making quarter in two years.
What it affects
- MeeshoMEESHOPositive +67
Valuation gains of $121 Mn in Q2 FY26.Rolling sentiment Positive +49
- Lenskart SolutionsLENSKARTPositive +52
Valuation gains of $273 Mn in Q2 FY26.Rolling sentiment Positive +64
Source
Read the original at Inc42More Meesho news
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