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2 mins read

Weilun Soon   


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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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2 mins read

PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion

PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…

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6 mins read

Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba

China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…

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2 mins read

Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants

The storm of regulatory changes ⁠— from new protection for workers to enforcement of minimum salari…

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1 min read

SoftBank has agreed to sell its entire 21% stake in Flipkart to Walmart

According to reports, SoftBank was considering not selling the Flipkart shares due to many opt…

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2 mins read

SoftBank, Naspers, and Warren Buffett's Berkshire Hathaway are cutting their iconic bets on Chinese tech stocks

Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearl…

Theron Mohamed   


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1 min read

Tencent joins Softbank as investor in one of India’s largest online insurance selling platform⁠ Policybazaar.com as Tiger Global sells part stake

Chinese investment giant Tencent has bought a 10% stake in one of India’s largest online insurance …

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2 mins read

E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources

Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…

PTI   


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1 min read

Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now

Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. No…

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1 min read

Ola to get ammunition to counter rising Uber; may get $400 million investment from Tencent

As per various reports, if Ola gets the investment from Tencent, the former will then have more…

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1 min read

Amazon has invested more than $2-billion in India so far

After this round, its total capital invested in India stands at over Rs13,800 crore ($2.1billio…

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1 min read

SoftBank pumps in Rs 1,675 crore in Ola

SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs …

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2 mins read

Ola raises half-a-billion dollars from Temasek and Warburg ahead of its IPO

Ride hailing giant Ola has raised $500 million from investment titans Temasek and Warburg Pincus, a…

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2 mins read

Hike raises $175mn from Foxconn and Tencent

“Hike deeply understands India; a highly diverse market with many nuances. It is on a mission syner…

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3 mins read

How Kavin Mittal Hitched Hike to the Unicorn Club

At a time when start-ups are trying to stay away from devaluation, homegrown messaging app Hike Mes…

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3 mins read

Dakin Campbell,Bradley Saacks   


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1 min read

SoftBank-backed Ola reportedly picks Citigroup and Kotak Mahindra for its $1 billion IPO

India’s Uber-rival Ola has picked up banks to manage its share sale to the public, as per a media r…