Softbank
TMT
Investors jittery as some Indian startups' fall from grace dwindles faith
India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......
TMT
China's Antfin pulls out over $340 mn more from Zomato
China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......
TMT
SoftBank's biggest India bet turning out to be its worst nightmare
Japanese tech investment goliath SoftBank, known for its big-ticket private equity investments in Indian internet companies and who was on ......
Consumer
SoftBank-backed Eruditus may shift domicile to India for IPO
SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India for a stock market ......
Finance
SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield
Japan's SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech investment ......
Finance
SoftBank likely to score profit this quarter after five straight bouts of losses
Japan's SoftBank Group is expected to post a net profit for the first time in five quarters when the tech ......
TMT
PremjiInvest sets course for nearly $200 mn exit with a multi-bagger
PremjiInvest, the family office of Wipro’s Azim Premji, has pressed the sell button on one of its most profitable bets, ......
Finance
Paytm shares plunge 20% after RBI orders payments bank unit to stop business
Shares of Indian payments firm Paytm tumbled 20% on Thursday, after a move by the country's financial regulator to halt ......
TMT
SoftBank headed for a big haircut from one of its showcase India bets
Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and who was on ......
TMT
SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps
SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped, as per ......