ET Rise
12,194.55-53.7
Stock Analysis, IPO, Mutual Funds, Bonds & More

SoftBank India head Juneja on Ola board

​​ Juneja had joined SoftBank from Norwest Venture Partners late last year as the group’s first India head and a partner at the Japanese group.

OUR BUREAU|
Updated: Apr 05, 2019, 08.52 AM IST
0Comments
ThinkStock Photos
accelerator 1200 copy
Juneja had led investments in Swiggy, Quikr, National Stock Exchange and IndusInd Bank, among others.
BENGALURU: SoftBank’s India head Sumer Juneja will join ride-hailing platform Ola’s board, replacing David Thevenon, the company confirmed in a statement.

“We extend a warm welcome to Sumer Juneja who is joining Ola’s board to represent SoftBank. Sumer’s experience in the India market is extremely valuable to us and we look forward to working closely with him and Soft-Bank,” a company spokesperson said.

Juneja had joined SoftBank from Norwest Venture Partners late last year as the group’s first India head and a partner at the Japanese group. He had led investments in Swiggy, Quikr, National Stock Exchange and IndusInd Bank, among others, while at Norwest. SoftBank is Ola’s largest investor with around 25% stake.

Also Read

Ola rejigs commissions to retain drivers

Ola driving to colleges for hiring

Ola unveils self-drive car-sharing service ‘Ola Drive’

Ola to launch operations in London soon

Ola redefines two-wheeler mobility with new ‘Ola Bike’ campaign

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service