Softbank
TMT
Swiggy delivers 17% surge in trading debut as investors bet on quick commerce
SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and ......
Finance
SoftBank swings back to quarterly profit with $7.7 bn gain
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as ......
Finance
Ola Electric, Firstcry IPOs set to boost SoftBank profit
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted ......
TMT
SoftBank-backed Juspay gets a markup as valuation jumps to new high
Juspay Technologies Pvt Ltd, a payment technology platform used by companies such as BookMyShow, Swiggy, Amazon and Flipkart, has received ......
TMT
Softbank-backed ElasticRun trims loss as focus on regional brands improves margins
Business-to-business e-commerce platform ElasticRun cut its losses by about half in the financial year ended March 2024, as a shift ......
TMT
Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
TMT
Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......
TMT
TPG's Rise Fund leads Series F funding in Eruditus at $3 bn valuation
Edtech startup Eruditus has raised $150 million in a fresh funding round led by American private equity firm TPG’s impact ......
General
Grapevine: Oyo, Samara-backed Marengo eye funding; Table Space weighs IPO
Oravel Stays, the parent company of SoftBank-backed Oyo, is in preliminary talks to secure $200 million (about Rs 1,680 crore) ......
Consumer
Govt orders audit of Ola Electric's service centres after consumer complaints
India's heavy industries ministry has ordered an audit of Ola Electric's service centres, ratcheting up pressure on the e-scooter maker which is ......