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How profitable was SoftBank's latest partial exit from Indian firm?

Finance

02 March, 2023

How profitable was SoftBank's latest partial exit from Indian firm?

SoftBank, one of the biggest late-stage investors in Indian tech startups, has monetised for a second time part of its ......

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Startups pivot towards stock sops as funding crunch deepens

TMT

17 February, 2023

Startups pivot towards stock sops as funding crunch deepens

Startups are pivoting from cash bonuses to stock options and other long-term incentives to retain talent as they look to ......

Swiggy ropes in 3 independent directors on its board

Consumer

06 February, 2023

Swiggy ropes in 3 independent directors on its board

Food delivery unicorn Swiggy on Monday said it has appointed three independent directors to its board as the Softbank-backed company ......

No cash appraisals at Unacademy this year: CEO

Finance

02 February, 2023

No cash appraisals at Unacademy this year: CEO

SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief executive officer (CEO) Gaurav ......

InMobi fires nearly 3% staff

TMT

23 January, 2023

InMobi fires nearly 3% staff

Advertising technology platform InMobi, which operates business-to-consumer (B2C) service Glance, has laid off nearly 3% of its 2,600-strong workforce amounting ......

Meesho FY22 loss surges, revenue grows 4x

Finance

02 January, 2023

Meesho FY22 loss surges, revenue grows 4x

SoftBank-backed e-commerce platform Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22 against a ......

SoftBank-backed Swiggy's FY22 loss doubles

Finance

02 January, 2023

SoftBank-backed Swiggy's FY22 loss doubles

Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses.   The ......

Meesho pulls plug on permanent WFH policy

People

16 December, 2022

Meesho pulls plug on permanent WFH policy

SoftBank-backed e-commerce platform Meesho, on Friday announced that it is adopting a flexible work office model starting 1 June 2023, ......

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

TMT

09 December, 2022

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public offering) amid tough market ......

SoftBank to offload half of its stake in PolicyBazaar

Finance

01 December, 2022

SoftBank to offload half of its stake in PolicyBazaar

Japanese conglomerate SoftBank will sell 50% of its stake in listed insurance aggregator PolicyBazaar, owned by PB Fintech in a ......