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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 …

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These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist

Shankar Chandran, Managing Director, Samsung Catalyst Fund, who shared the ranking with his coll…

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SoftBank executives set to lose hundreds of millions on complex Wirecard trade inspired by Warren Buffett

Wirecard's share price has tanked 80% in the last few days, likely erasing gains that a small group…

Carmen Reinicke   


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The head of SoftBank's $100 billion Vision Fund is preparing to launch the group's own SPAC

The blank-check company will be operated by Vision Fund 2's investment advisers and is expected to …

Shalini Nagarajan   


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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 …

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Delhivery becomes India’s first unicorn in 2019, thanks to SoftBank

Last week, the company and its investors made headlines after SoftBank received the approval fro…

Joe Ciolli   


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Meet Rajiv Misra, an IIT alumnus who is now on the Board of Softbank

Misra studied at Delhi Public School-Mathura Road. He is an alumnus of IIT-Delhi and University …

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SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’

Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…

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One of SoftBank Vision Fund's 12 managing partners is leaving the company

SoftBank's first Vision Fund backed some of the biggest names in tech, including Uber, WeWork, and …

Bani Sapra   


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SoftBank's big, discounted Uber deal is going through - and it's going to invest another $1.25 billion on top of that

With Uber's initial public offering not expected to come before 2019 and the company having just ex…

Matt Weinberger   


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Leaked memo sent by SoftBank's Vision Fund CEO defends 2 senior execs at the heart of a blistering Businessweek report

SoftBank has an unacceptably small number of women CEOs in its portfolio, which is a challenge we a…

Casey Sullivan,Dakin Campbell   


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SoftBank thought WeWork could be a $100 billion company, and audio from 2018 shows how it inflated the hype

"The key is to own the customer. They own their consumer and that is extremely valuable. [They have…

Shona Ghosh   


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One of SoftBank's favorite tech bankers has left Goldman Sachs after 18 years

Goldman has held a key role advising SoftBank over the last several years, including acting as the …

Dakin Campbell   


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Softbank revealed the inside story of how it took an $8 billion stake in Uber

"And [those investors] were there. Why would the Uber board pick the Vision Fund? I worked for six …

Shona Ghosh   


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3 mins read

With its SoftBank deal, Uber may have invited a tiger into the hen house

More importantly, under new CEO Dara Khosrowshahi, Uber is making parts of Asia into a model of the…

Julie Bort   


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SoftBank plans to double the size of the business unit managing its massive Vision Fund, going from 400 people up to 800

Misra's remarks came during an on-stage conversation with chairman Michael Milken. The growth comes…

Becky Peterson   


Aaron Holmes   


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4 mins read

WeWork is looking to raise new funds at a $35 billion valuation, according to its major investor SoftBank

The company's rapid expansion and multiple, diverse acquisitions mean it's burning money. Skeptics …

Shona Ghosh