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India's Swiggy eyes $800 million IPO early next year - Nikkei

Consumer

22 February, 2022

India's Swiggy eyes $800 million IPO early next year - Nikkei

Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million ......

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Consumer

09 February, 2022

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Softbank and PremjiInvest-backed GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has added fitness equipment and accessories ......

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Infrastructure

08 February, 2022

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs have led a $300 million funding round in Pune-based logistics startup ElasticRun, ......

Storm clouds gather at SoftBank Group as valuations slide

Finance

04 February, 2022

Storm clouds gather at SoftBank Group as valuations slide

Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of ......

India's sovereign wealth fund gets CCI nod to invest in SoftBank-backed FirstCry

Finance

02 February, 2022

India's sovereign wealth fund gets CCI nod to invest in SoftBank-backed FirstCry

India’s sovereign wealth fund has received the competition commission of India’s (CCI) approval for its proposed investment in SoftBank-backed Brainbees ......

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

TMT

25 January, 2022

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

Oravel Stays Ltd, which owns and operates hospitality unicorn Oyo Hotels and Homes, has received an in-principle nod from the National Stock Exchange ......

SoftBank-backed GlobalBees joins unicorn club with $111.5 mn funding

Consumer

29 December, 2021

SoftBank-backed GlobalBees joins unicorn club with $111.5 mn funding

SoftBank-backed GlobalBees Brands Pvt Ltd, a Thrasio-style direct-to-consumer (D2C) venture that aggregates and invests in e-commerce brands, has raised $111.5 in its Series B ......

SoftBank-backed Snapdeal files for an IPO

Finance

21 December, 2021

SoftBank-backed Snapdeal files for an IPO

E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for ......

Cars24 raises $400 mn in latest raise, doubles valuation to $3.3 bn

Consumer

20 December, 2021

Cars24 raises $400 mn in latest raise, doubles valuation to $3.3 bn

Softbank-backed used-cars marketplace, Cars24, on Monday said it has raised $400 million as a part of its latest funding round. The ......

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

Finance

15 December, 2021

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

JusPay Technologies Pvt Ltd, which operates a payments technology platform, has raised $60 million in its Series C funding round ......