Tiger Global may sell Ola, Flipkart stake for $1 billion
US-headquartered investment firm Tiger Global may sell a portion of its stake in the ride-sharing startup Ola and e-commerce startup Flipkart for $1 billion, according to reports. Reports suggested that it will sell the stake to Japanese conglomerate SoftBank. It might sell around 7.5% stake in Ola worth $300 million and 10% stake in Flipkart worth $600-700 million, reports added.