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2 mins read
Ola may end up firing another 500 people to save up costs
As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…
1 min read
Zomato stock up after 10 crore shares worth ₹947 crore change hands
Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…
2 mins read
Shares of Better whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade
Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SP…
Huileng Tan
1 min read
Meesho delists 52 lakh counterfeit, restricted products in six months
SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing produ…
PTI
2 mins read
Delhivery shares edge lower after SoftBank offloads 3.8% stake for ₹954 crore
Shares of logistics provider Delhivery were down 2% in morning trade on Thursday, a day after Japan…
1 min read
Softbank chief says that those who don't adopt AI are 'goldfish' who will be 'left behind'
The Softbank founder believes that AI will surpass all human knowledge by 2030.
Tom Carter
1 min read
SoftBank-Swiggy deal gets CCI approval, two days before Zomato IPO
CCI has approved SoftBank’s request to invest in food delivery giant Swiggy, ahead of Zomato IPO.
2 mins read
Former SoftBank country head Manoj Kohli joins WeWork India as an independent director
WeWork India said on Monday that it has appointed Manoj Kohli, former country head of SoftBank Indi…
2 mins read
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a we…
2 mins read
OYO raised $660 million in debt funding to repay past debts
OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …
2 mins read
SoftBank-backed chipmaker Arm surges 21% in its trading debut after blockbuster $55 billion IPO
The much-anticipated debut of the chip designer comes amid a broad slump in IPO market following th…
Phil Rosen
2 mins read
Softbank will make $250 million by selling a fifth of its stake in Policybazaar
SoftBank will sell 20% of its shareholdings in PolicyBazaar’s initial public offering (IPO), schedu…
1 min read
Softbank is planning to invest in OpenAI, report says, after Masayoshi Son said he uses ChatGPT every day
Softbank is considering investing in OpenAI, after boss Masayoshi Son told Softbank shareholders he…
Tom Carter
2 mins read
OYO’s valuation nears $10 billion with Microsoft’s $5 million investment
Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…
2 mins read
OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks
The development was reported by Moneycontrol citing industry sources, who also highlighted that …
2 mins read
GlobalBees, a Thrasio-style startup launched by FirstCry and Edelweiss execs, raises $150 million in few months of launch
GlobalBees, a Thrasio-style investment platform, has raised $150 million in a mix of equity and deb…
2 mins read
FedEx makes its first strategic investment in India, puts $100 million in Delhivery’s kitty
FedEx Express has made a strategic investment of $100 million in Indian logistics startup Delhivery…
4 mins read
‘Iron Man’ Vijay Shekhar Sharma put his own money on the line to launch Paytm — and ten years later the company is ready to go public
Vijay Shekhar Sharma is not a man to be trifled with and he’s proven that time and again with the s…
1 min read
Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion
The round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook, Shu…
2 mins read
Fashion retailer H&M has led a $45 million round in video discovery and commerce app Trell
Trell has raised $45 million in a Series B funding round led by Mirae Asset and H&M Group.