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SoftBank-backed OYO seals third buyout, acquires Weddingz.in

TMT

13 August, 2018

SoftBank-backed OYO seals third buyout, acquires Weddingz.in

Budget hospitality chain OYO has acquired Mumbai-based Weddingz.in, an online marketplace for wedding venues and vendors, for an undisclosed sum, ......

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

General

03 August, 2018

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

Flipkart co-founder Sachin Bansal is looking to raise a fund of $700 million to $1 billion for investing in startups, ......

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

General

12 July, 2018

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced discussions to launch a $200-250 million fund focusing on ......

SoftBank-backed OYO buys AblePlus in second takeover deal

TMT

10 July, 2018

SoftBank-backed OYO buys AblePlus in second takeover deal

Budget hospitality chain OYO has bought Mumbai-based Internet of Things (IoT) technology company AblePlus Solutions Pvt. Ltd to bolster its ......

Temasek, Info Edge co-invest $27.7 mn into PolicyBazaar's Series F round

TMT

06 July, 2018

Temasek, Info Edge co-invest $27.7 mn into PolicyBazaar's Series F round

Info Edge (India) Ltd and Temasek, existing investors in online insurance selling platform PolicyBazaar, have co-invested $27.7 million into the ......

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

TMT

06 July, 2018

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

PhonePe, the digital payments arm of homegrown e-tailer Flipkart, is in advanced talks to acquire the Point of Sale software-as-a-service ......

SoftBank in talks to invest in Zomato; Proprium backs Musaddilal Projects

General

17 May, 2018

SoftBank in talks to invest in Zomato; Proprium backs Musaddilal Projects

Japanese internet conglomerate SoftBank Group Corp is in preliminary negotiations to invest in online restaurant discovery and food delivery company ......

Foxconn writes off additional $40 mn stake in Snapdeal

TMT

15 May, 2018

Foxconn writes off additional $40 mn stake in Snapdeal

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......

Swiggy seeks unicorn status, in talks to raise $250 mn

TMT

15 May, 2018

Swiggy seeks unicorn status, in talks to raise $250 mn

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......

SoftBank may invest $3 bn in Paytm Mall; Japan's Sompo to up stake in insurance JV

General

14 May, 2018

SoftBank may invest $3 bn in Paytm Mall; Japan's Sompo to up stake in insurance JV

Japan's SoftBank Group is in preliminary talks to invest as much as $3 billion (Rs 20,180 crore) in online marketplace ......