Softbank
TMT
AI platform Netradyne secures $65 mn from Silicon Valley Bank
Reliance Industries-backed artificial intelligence (AI) firm Netradyne, that focuses on driver and fleet safety, on Thursday said it raised $65 ......
TMT
Softbank-backed HR platform Sense acquires Skillate
Talent Engagement Platform Sense, on Thursday announced that it has acquired recruitment platform Skillate for an undisclosed amount. Post-acquisition, the ......
Consumer
Meesho founder talks about profitability, IPO plans in townhall
SoftBank-backed Meesho is aiming to turn Ebitda (earnings before interest, taxes, depreciation, and amortization) positive by mid-2023 to prepare for ......
TMT
With Alibaba stake cut, SoftBank's Son cools toward China tech
SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed ......
Finance
Credit Suisse steps up $440 million legal dispute with SoftBank-FT
Swiss lender Credit Suisse Group AG sought permission from an English court last week to initiate formal legal proceedings against ......
TMT
SoftBank marks down investment in Paytm
SoftBank Group Corp. on Monday said it has marked down its investment in Paytm by $400 million for the quarter ......
Finance
SoftBank planning pink slips at Vision Fund after record quarterly loss
SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on ......
TMT
SoftBank-backed Ola to hand more pink slips citing restructuring
Cab aggregator Ola is in the process of cutting more jobs even as it has scaled its hiring spree across ......
TMT
SoftBank backed unicorn CommerceIQ acquires UK-based analytics provider
CommerceIQ, a retail e-commerce management platform, on Monday said it has acquired the UK-based digital shelf analytics provider e.fundamentals for an undisclosed ......
People
Rajeev Misra to cede top management role at SoftBank to launch external fund
SoftBank's Rajeev Misra will cede his frontline role in managing the Japanese conglomerate's second Vision Fund and launch his own ......
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