Softbank
Finance
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 ......
Finance
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 ......
TMT
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, ......
Finance
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 ......
TMT
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 ......
TMT
SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps
SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped, as per ......
Markets
Nasdaq talks to India about overseas listings for local companies
U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list directly on ......
TMT
How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag
Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its portfolio ......
TMT
Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn
U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion ......
General
Deals Digest: 2023 ends on a sombre note as funding activity slows in last week
Private equity and venture capital deal flow continued to drop with the year coming to an end, as deal value ......
