Softbank had also backed Ola, which is Uber's main rival in India. There were many reports published that Softbank has been in the process of acquiring the shares of Uber since the future of the company looks very uncertain. There are many investors of Uber who are eager to sell off their stake to Softbank. A main concern for the shareholder started on the back of the departure of many C –Level employees, including CEO Travis Kalanick and VP Emil Micheals. It all started when a former engineer in Uber, Susan Fowler, alleged the company to have a culture of sexism and sexual harassment.