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SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
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
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…
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.…
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 …
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…
OfBusiness, a platform that helps SMEs get raw materials, becomes the newest unicorn from India
As per the company’s press note, OfBusiness was valued at more than $1.5 billion. A unicorn, in …
Agritech startup Vegrow raises $13 million Lightspeed, Elevation
Vegrow has raised $13 million in a Series A round co-led by Lightspeed Venture Partners and Elevati…
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…
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…
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…
The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion — a ten fold jump in 18 months
The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…
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…
Paytm’s optimistic growth projections boost sentiments, shares climb nearly 8%
Shares of Paytm surged sharply on Friday after the company’s analyst meeting on December 1 set an …
Anomalies that need to be fixed in India’s startup regulations
The regulatory clamp down on similar segments in China helped the valuations of Indian startup…
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…
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…
OfBusiness joins Ola and InMobi in a special club of unicorns
Oxyzo Financial Services — the lending arm of existing unicorn OfBusiness — has raised $200 million…
Unacademy enters the unicorn club with a $150 million funding from SoftBank
It’s been quite the year for Unacademy. The five-year old startup has entered the unicorn club with…
Mark Cuban-backed Polygon raises nearly half a billion dollars from 40 VCs led by Sequoia
Homegrown blockchain technology firm Polygon has raised $450 million from more than 40 venture capi…