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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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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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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…

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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…

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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…

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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   


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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…

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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   


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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…

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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…

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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   


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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…

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OYO's Singapore arm secures $200 million loan from SoftBank

Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.

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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…

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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   


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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…

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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   


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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…

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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…

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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 …

Bani Sapra