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SoftBank nears more than $350 mn India exit

TMT

20 October, 2023

SoftBank nears more than $350 mn India exit

Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of Paytm, FirstCry ......

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SoftBank beats benchmark from over $100-mn India portfolio exit move

TMT

06 October, 2023

SoftBank beats benchmark from over $100-mn India portfolio exit move

Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of Paytm, FirstCry ......

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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

SoftBank's Masayoshi Son says artificial general intelligence will come within 10 years

TMT

04 October, 2023

SoftBank's Masayoshi Son says artificial general intelligence will come within 10 years

SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all ......

SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct

Manufacturing

20 September, 2023

SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct

India's Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October ......

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SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

TMT

12 September, 2023

SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

Indian used-car online retailer Cars24 aims to turn its UAE operations profitable by the second half of 2024 and then ......

SoftBank, General Atlantic-backed Biofourmis' founder steps down as CEO

Healthcare

31 August, 2023

SoftBank, General Atlantic-backed Biofourmis' founder steps down as CEO

Healthtech startup Biofourmis’ founder Kuldeep Singh Rajput has resigned from the position of chief executive officer abruptly. A Biofourmis spokesperson confirmed ......

SoftBank trims stake in Zomato for $115 mn

TMT

31 August, 2023

SoftBank trims stake in Zomato for $115 mn

SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at ......

Tiger Global-backed Unacademy's exec steps down after three years

People

28 August, 2023

Tiger Global-backed Unacademy's exec steps down after three years

Edtech startup Unacademy, which counts SoftBank, Sequoia Capital and Tiger Global Management, among others, as its investors, has witnessed the ......

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Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan

General

25 August, 2023

Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund expansion, retire debt and ......