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4 mins read

Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.

Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…

Vishal Persaud   


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2 mins read

Ola may end up firing another 500 people to save up costs

As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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2 mins read

Shares of Better whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade

Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SP…

Huileng Tan   


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1 min read

Meesho delists 52 lakh counterfeit, restricted products in six months

SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing produ…

PTI   


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2 mins read

Delhivery shares edge lower after SoftBank offloads 3.8% stake for ₹954 crore

Shares of logistics provider Delhivery were down 2% in morning trade on Thursday, a day after Japan…

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1 min read

Softbank chief says that those who don't adopt AI are 'goldfish' who will be 'left behind'

The Softbank founder believes that AI will surpass all human knowledge by 2030.

Tom Carter   


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1 min read

SoftBank-Swiggy deal gets CCI approval, two days before Zomato IPO

CCI has approved SoftBank’s request to invest in food delivery giant Swiggy, ahead of Zomato IPO.

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2 mins read

Former SoftBank country head Manoj Kohli joins WeWork India as an independent director

WeWork India said on Monday that it has appointed Manoj Kohli, former country head of SoftBank Indi…

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2 mins read

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 we…

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2 mins read

OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …

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2 mins read

SoftBank-backed chipmaker Arm surges 21% in its trading debut after blockbuster $55 billion IPO

The much-anticipated debut of the chip designer comes amid a broad slump in IPO market following th…

Phil Rosen   


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2 mins read

Softbank will make $250 million by selling a fifth of its stake in Policybazaar

SoftBank will sell 20% of its shareholdings in PolicyBazaar’s initial public offering (IPO), schedu…

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2 mins read

OYO’s valuation nears $10 billion with Microsoft’s $5 million investment

Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…

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1 min read

Softbank is planning to invest in OpenAI, report says, after Masayoshi Son said he uses ChatGPT every day

Softbank is considering investing in OpenAI, after boss Masayoshi Son told Softbank shareholders he…

Tom Carter   


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2 mins read

OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks

The development was reported by Moneycontrol citing industry sources, who also highlighted that …

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2 mins read

GlobalBees, a Thrasio-style startup launched by FirstCry and Edelweiss execs, raises $150 million in few months of launch

GlobalBees, a Thrasio-style investment platform, has raised $150 million in a mix of equity and deb…

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2 mins read

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…

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4 mins read

‘Iron Man’ Vijay Shekhar Sharma put his own money on the line to launch Paytm — and ten years later the company is ready to go public

Vijay Shekhar Sharma is not a man to be trifled with and he’s proven that time and again with the s…

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1 min read

Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion

The round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook, Shu…