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Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware

General

26 March, 2024

Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware

E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a ......

Investors jittery as some Indian startups' fall from grace dwindles faith

TMT

22 March, 2024

Investors jittery as some Indian startups' fall from grace dwindles faith

India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......

China's Antfin pulls out over $340 mn more from Zomato

TMT

06 March, 2024

China's Antfin pulls out over $340 mn more from Zomato

China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......

Premium
SoftBank's biggest India bet turning out to be its worst nightmare

TMT

29 February, 2024

SoftBank's biggest India bet turning out to be its worst nightmare

Japanese tech investment goliath SoftBank, known for its big-ticket private equity investments in Indian internet companies and who was on ......

SoftBank-backed Eruditus may shift domicile to India for IPO

Consumer

13 February, 2024

SoftBank-backed Eruditus may shift domicile to India for IPO

SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India for a stock market ......

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Finance

08 February, 2024

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Japan's SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech investment ......

SoftBank likely to score profit this quarter after five straight bouts of losses

Finance

07 February, 2024

SoftBank likely to score profit this quarter after five straight bouts of losses

Japan's SoftBank Group is expected to post a net profit for the first time in five quarters when the tech ......

Premium
PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

TMT

05 February, 2024

PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

PremjiInvest, the family office of Wipro’s Azim Premji, has pressed the sell button on one of its most profitable bets, ......

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% on Thursday, after a move by the country's financial regulator to halt ......

Premium
SoftBank headed for a big haircut from one of its showcase India bets

TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and who was on ......