Grapevine: SoftBank sells stake in IPO-bound firm; Byju’s fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices have picked up the stake in the SoftBank-backed firm to the tune of about Rs 435 crore, The Economic Times reported. The family office of Ranjan Pai (Manipal Group), MEMG Family ......