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SoftBank-backed Oyo in legal spat with rival Zostel ahead of $1.2 bn IPO

TMT

30 September, 2021

SoftBank-backed Oyo in legal spat with rival Zostel ahead of $1.2 bn IPO

SoftBank Group-backed Oyo Hotels and Rooms is facing a legal tussle with rival Zostel ahead of its up to $1.2 ......

Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Consumer

30 September, 2021

Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research  and Facebook ......

SoftBank's Dipchand Nishar leaving the firm by year-end

People

28 September, 2021

SoftBank's Dipchand Nishar leaving the firm by year-end

SoftBank’s Dipchand ‘Deep’ Nishar said he is leaving the firm by the end of December after a six-year stint at ......

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

TMT

20 September, 2021

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said on Monday ......

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PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

TMT

12 September, 2021

PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

The first five months of this financial year have already brought a lot of cheer to the startup ecosystem.  Indian startups ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

Cars24 raises fresh funding from Softbank, others

TMT

10 September, 2021

Cars24 raises fresh funding from Softbank, others

Used car marketplace Cars24 Services Pvt. Ltd has attracted SoftBank as an investor in a new funding round that is ......

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Infrastructure

06 September, 2021

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Ahead of its proposed initial public offering (IPO), logistics company Delhivery has raised over $75 million in funding from Addition--a ......

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Ola picks advisors to ready for $1.5 billion IPO

TMT

31 August, 2021

Ola picks advisors to ready for $1.5 billion IPO

Softbank- and Tiger Global-backed ride hailing company, Ola Cabs, has hired investment banks and lawyers to start work on its ......

SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn

TMT

20 August, 2021

SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn

Microsoft Corporation has invested nearly $5 million (Rs 37 crore) in Ahmedabad-based Oravel Stays which owns and operates budget hospitality ......