India, Nov. 11 -- Japanese tech investor SoftBank's Vision Fund 2 (SVF2) booked a valuation loss of $42 Mn on its investment in listed Indian electric vehicle (EV) maker Ola Electric in the quarter ended September 2026 (Q2 FY26 as per the investment firm's nomenclature).

In its investor presentation, SoftBank said that the EV manufacturer's gross return to the SVF2 stood at $370 Mn in the quarter under review, down $42 Mn (or 10.2%) from $412 Mn in the preceding Q1 FY26.

The latest gross return figures are almost 30% lower than $556 Mn that the fund claims to have invested in the OEM so far.

In contrast, other listed Indian startups in SVF2's portfolio - Lenskart and Meesho - together contributed valuation gains worth $394 Mn to the fu...