Softbank

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25 July, 2024

Grapevine: I Squared plans an exit; Ola Electric IPO likely in August

Private equity firm I Squared Capital and sovereigh wealth fund Abu Dhabi Investment Authority (ADIA) plan to sell up to $400 million worth of their ......

TMT

01 July, 2024

SoftBank-backed FirstCry, Unicommerce get SEBI nod for IPOs

Two companies backed by SoftBank--Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry and e-commerce-focused SaaS company Unicommerce ......

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01 July, 2024

Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec

US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-based pharmaceutical ......

Manufacturing

01 July, 2024

SoftBank-backed Ola Electric working to build solid-state batteries

India's Ola Electric is working to build solid-state batteries and expects its vehicles to be powered by its own cells ......

TMT

11 June, 2024

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to deliver orders within 10 ......

Consumer

03 June, 2024

Temasek, Fidelity bet $200 mn on Lenskart in secondary deal

Singapore state investment firm Temasek and American asset manager Fidelity Management and Research Company have invested $200 million (about Rs ......

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03 June, 2024

Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm

Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to ......

TMT

22 May, 2024

Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to ......

Finance

13 May, 2024

SoftBank posts profit for second straight quarter but remains in red for full year

Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......

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08 May, 2024

Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Private equity giants Blackstone, Temasek Holdings, and Bain Capital are weighing the acquisition of a controlling stake in Haldiram Snacks Food Pvt Ltd (HSFPL), a media ......