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Isabelle Lee
10 Aug 2021, 22:07
SoftBank will cut investments in Chinese startups as it awaits more regulatory clarity
"Until the situation is clearer we want to wait and see," CEO Masayoshi Son said. "In a year or two, I believe new rules will create a new situation."
BI India Bureau
02 Aug 2021, 09:21
The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion — a ten fold jump in 18 months
Online learning platform Unacademy is now valued at $3.44 billion after the latest round of fundraising, wher...
Kritti Bhalla
20 Jul 2021, 13:53
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a week after Zomato's $1.3 billion IPO.
Kritti Bhalla
16 Jul 2021, 16:10
FedEx makes its first strategic investment in India, puts $100 million in Delhivery’s kitty
FedEx Express has made a strategic investment of $100 million in Indian logistics startup Delhivery.
12 Jul 2021, 20:24
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earli...
17 Jun 2021, 18:55
Former Infosys CEO Vishal Sikka's company Vianai Systems raises $140 million led by SoftBank Vision Fund 2
Human-Centered AI platform and products company Vianai Systems, founded by former Infosys CEO Vishal Sikka, on Thursday anno...
31 May 2021, 08:42
Digital payment firm Paytm gets a green signal from company's board to raise ₹22,000 crore via initial public offer
Digital payments and financial services firm Paytm has received in-principle approval from the company's boar...
Sanchita Dash
05 Apr 2021, 10:46
Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion
Meesho is a marketplace for resellers, and connects them with customers via social media channels like WhatsApp and Facebook...
10 Mar 2021, 13:17
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.
Sanchita Dash
03 Sep 2020, 13:17
SoftBank Vision Fund 2 leads a $100 million funding in this Indian founder’s global healthtech startup
SoftBank’s Vision Fund 2 has led a $100 million fund in Biofourmis – a digital therapeutics startup. It was founded in 2015 ...
Ben Winck
18 Aug 2020, 20:52
SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon
SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 million stake in Netflix, according to an SEC filing.
Navdeep Yadav
18 May 2020, 16:13
Top 10 scary quotes from Masayoshi Son during the SoftBank earnings call
The SoftBank Group reported a record $8.9 billion net loss for the financial year ended in March 2020. A lot of what Son sai...
BI India Bureau
18 May 2020, 14:39
SoftBank Group lost $6 billion on Alibaba shares and another $1.4 billion on Uber during the COVID-19 crisis
The SoftBank Group lost $6 billion on the shares of Alibaba and another $1.4billion to Uber. 47 investments w...
Sanchita Dash
18 May 2020, 13:59
SoftBank Vision Fund 2 fails to raise new funds — Masayoshi Son says the company will now use its own money for investments
Masayoshi Son said the failed performance of SoftBank Vision Fund 1 meant investors weren’t too happy to inve...
Sanchita Dash
28 Apr 2020, 13:45
SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’
SoftBank is looking to invest in secondary deals in India i.e. buy out investors in other startups. Many of SoftBank’s star ...
Sanchita Dash
13 Apr 2020, 16:28
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
According to a Reuters report, the group said it sees a $16.5 billion loss for its $100 billion Vision Fund. Meanwhile, the ...
Sanchita Dash
20 Dec 2019, 12:01
Lenskart gets a SoftBank funding to make a grand entry into the unicorn club
Eyewear retailer Lenskart has raised a series G round of funding from SoftBank Vision Fund, according to data intelligence f...
BI India Bureau
10 Aug 2017, 15:10
Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now
SoftBank Vision Fund has become one of the largest shareholders in Flipkart as it just raked in a significant amount of inve...
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