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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 wee…
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.
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…
2 mins read
SoftBank Vision Fund 2 fails to raise new funds — Masayoshi Son says the company will now use its own money for investments
“The performance of Softbank Vision Fund 1 is not that great, therefore we decided to invest our…
1 min read
SoftBank Vision Fund 2 leads a $100 million funding in this Indian founder’s global healthtech startup
Japanese investment firm SoftBank’s Vision Fund 2 has led a $100 million fund in Biofourmis – a dig…
4 mins read
SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’
Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…
1 min read
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…
Isabelle Lee
2 mins read
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
The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…
2 mins read
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…
PTI
1 min read
Former Infosys CEO Vishal Sikka's company Vianai Systems raises $140 million led by SoftBank Vision Fund 2
Vianai said it will use new funds to accelerate the delivery of its human-centered AI platform a…
1 min read
Digital payment firm Paytm gets a green signal from company's board to raise ₹22,000 crore via initial public offer
"The board of directors of Paytm has given in-principle approval for the mega IPO planned to …
PTI
1 min read
Lenskart gets a SoftBank funding to make a grand entry into the unicorn club
SoftBank is pumping in $231 million into the company, taking its valuation to $1.5 billion. L…
1 min read
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.
2 mins read
Top 10 scary quotes from Masayoshi Son during the SoftBank earnings call
Despite his best attempt to put up a brave front, a lot of what Son said about the future of Sof…
2 mins read
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 mi…
Ben Winck
1 min read
Talent intelligence platform Eightfold AI raises $220 million led by SoftBank Vision Fund 2
Artificial Intelligence-powered talent intelligence platform Eightfold AI on Thursday announced tha…
4 mins read
SoftBank Group lost $6 billion on Alibaba shares and another $1.4 billion on Uber during the COVID-19 crisis
One of the world’s most hallowed investors Masayoshi Son revealed that the SoftBank Group lost $6 b…
2 mins read
Softbank's Vision Fund could go public in a $300 million SPAC deal, report says
Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amste…
Sophie Kiderlin
1 min read
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…
2 mins read
One of SoftBank Vision Fund's 12 managing partners is leaving the company
SoftBank's first Vision Fund backed some of the biggest names in tech, including Uber, WeWork, and …