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SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios

Consumer

18 August, 2021

SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios

FirstCry, an online-first baby products retailer, has bought a significant minority stake in children-focused healthy snacks maker Timios, three persons ......

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Weekly Deals Wrap: Edtech, crypto sectors see unicorns; M&A, PE/VC deal value doubles

Finance

13 August, 2021

Weekly Deals Wrap: Edtech, crypto sectors see unicorns; M&A, PE/VC deal value doubles

The Indian startup ecosystem got a funding boost this week too with two edtech companies and one crypto exchange entering ......

Digital adoption solution firm Whatfix buys Nittio Learn

TMT

10 August, 2021

Digital adoption solution firm Whatfix buys Nittio Learn

Whatfix, a Bengaluru based digital adoption solution provider has announced the acquisition of Nittio Learn, a learning management system (LMS) ......

SoftBank's Vision Fund posts $2 bln profit, share weakness casts shadow

Finance

10 August, 2021

SoftBank's Vision Fund posts $2 bln profit, share weakness casts shadow

SoftBank Group Corp's Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion) profit in the first quarter ......

OYO hires merchant banks for $1.2 bn IPO

TMT

09 August, 2021

OYO hires merchant banks for $1.2 bn IPO

SoftBank-backed hospitality company, OYO Hotels and Homes, has hired at least three merchant banks to raise $1.2 billion through an ......

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Weekly Deals Wrap: It's all unicorns and rainbows in the world of B2B

Finance

06 August, 2021

Weekly Deals Wrap: It's all unicorns and rainbows in the world of B2B

This week investors funded three unicorns, taking the total number of startups that crossed the $1 billion valuation mark this ......

SoftBank backed PolicyBazaar files draft papers for over $800 mn IPO

TMT

02 August, 2021

SoftBank backed PolicyBazaar files draft papers for over $800 mn IPO

PolicyBazaar on Monday filed draft papers for an initial public offering (IPO) of up to Rs 6017.5 crore ($811.3 million) ......

FirstCry's Thrasio-style venture secures $150 mn, onboards Lightspeed Venture

Consumer

19 July, 2021

FirstCry's Thrasio-style venture secures $150 mn, onboards Lightspeed Venture

Online first baby products retailer’s GlobalBees, India’s largest Thrasio-style house of brands venture for direct to consumer (D2C) brands and ......

Antitrust watchdog okays SoftBank's investment in Swiggy

TMT

13 July, 2021

Antitrust watchdog okays SoftBank's investment in Swiggy

The second largest publicly traded company in Japan, Softbank, has received approval from the Competition Commission of India (CCI) to ......

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

TMT

12 July, 2021

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

Ecommerce marketplace Flipkart has raised a $3.6 billion (about Rs 26,842 crore) funding round from a bunch of global investors ......