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2 mins read

View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned

View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…

Hayley Cuccinello   


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1 min read

Softbank-backed Saas platform Unicommerce registers 50% revenue growth in FY23

Softbank-backed SaaS platform Unicommerce has registered a 50% growth in revenue driven by onboardi…

PTI   


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Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…

Hasan Chowdhury   


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Nvidia's investment in startups has nearly tripled as other tech heavyweights pull back

Nvidia's venture investing saw a 280% year-over-year increase as the firm unleashed its cash pile o…

Filip De Mott   


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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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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   


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4 mins read

Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.

Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…

Vishal Persaud   


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1 min read

SoftBank writes off about $100 million invested in bankrupt crypto exchange FTX

According to MarketWatch, the investment is now marked down to zero with SoftBank saying "it wou…

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1 min read

Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son

Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…

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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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1 min read

SoftBank would cut startup funding by half this year as losses cross $13 billion

Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…

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3 mins read

SoftBank-backed True Balance is set to close its Series D funding round – founder says they are focussed on lending in India

SoftBank-backed payment and financial services platform True Balance has had its share of finding t…

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6 mins read

Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO

India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…

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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…

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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   


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2 mins read

Steadview Capital invests in SoftBank-backed logistics unicorn Delhivery – founder eyes an IPO in the next 15 months

Indian logistics unicorn Delhivery has raised investment from Steadview Capital. The global investm…

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1 min read

Softbank leads a nearly $100 million funding round for a metaverse and NFT-focused startup also backed by Snoop Dogg

The startup, called Sandbox, is a metaverse that allows players to store, trade, and monetize their…

Natasha Dailey   


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3 mins read

Dominick Reuter   


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SoftBank-backed startup Greensill faces bankruptcy after Credit Suisse freezes $10 billion in funds over asset values, report says

Greensill has appointed Grant Thornton to guide it through possible restructuring, and could file f…

Shalini Nagarajan   


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SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…