Softbank
Consumer
Swiggy nears $700 mn raise at over $10 bn valuation
Foodtech major Swiggy is nearing close of its $700 million fresh fundraise, which could potentially value the startup between $10 ......
TMT
Snapdeal to file draft documents for IPO by December end
Snapdeal, the ecommerce startup founded by Kunal Bahl and Rohit Bansal, is planning to file its draft public offering prospectus ......
Finance
SME-focused digital lender Indifi raises $45 mn in Series D equity and debt funding
Small business-focused digital lender Indifi Technologies Pvt Ltd has raised Rs 340 crore (around $45 million) in a mix of ......
People
Softbank Vision Fund promotes Sumer Juneja to Managing Partner; appoints first woman Managing Partner
Softbank Vision Fund, the $100 billion fund managed by Japanese Conglomerate Softbank Group Corp., has elevated its India head Sumer ......
Markets
Paytm lists at discount, share price drops 25% on stock exchange debut
Paytm operator One97 Communications, backed by US investor SoftBank and Alibaba’s Ant Financial, listed at a 9% discount on its ......
People
Ola hires new heads for financial services and electric business
IPO-bound Ola has appointed new heads for its financial services and used car-platform business, as it continues to restructure its ......
TMT
WeWork reports smaller loss as demand for office space returns
Office sharing firm WeWork Inc posted a smaller third-quarter loss on Monday, as a rebound in demand for office space ......
TMT
We could invest $5-10 bn in India in 2022, says Softbank's Rajeev Misra
Masayoshi Son-led Softbank Group Corp. would like to invest close to $5-10 billion in India next year if it finds ......
Finance
Paytm IPO subscribed 18% on first day
The Rs18,300 crore initial public offering (IPO) of Paytm’s parent company One97 Communications Ltd, the biggest such share sale to ......
Finance
SoftBank dragged into red by falling Vision Fund valuations
SoftBank Group Corp reported a quarterly loss on Monday as the Japanese conglomerate was whiplashed by a $10 billion hit ......
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