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SoftBank-backed Ola Electric says saving about $10 mn a month from cost-cut measures

Consumer

12 March, 2025

SoftBank-backed Ola Electric says saving about $10 mn a month from cost-cut measures

India's Ola Electric has managed to save 900 million rupees ($10.3 million) a month from a cost-cutting programme it began ......

India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

Finance

14 February, 2025

India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

India's quick-commerce frenzy, which has boosted the fortunes of delivery firms such as Zomato and SoftBank-backed Swiggy, is not sustainable ......

Premium
SoftBank-backed Zeta's Bhavin Turakhia on latest fundraise, profitability and more

TMT

14 February, 2025

SoftBank-backed Zeta's Bhavin Turakhia on latest fundraise, profitability and more

Technology entrepreneurs Bhavin Turakhia and Ramki Gaddipati founded banking software-as-a-software provider Zeta in 2015. A decade later, the company now ......

SoftBank-Backed Ola Electric's Q3 Loss Widens, Revenue Falls Over 19%

Consumer

07 February, 2025

SoftBank-Backed Ola Electric's Q3 Loss Widens, Revenue Falls Over 19%

India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy discounts it offered ......

Top VCs from Saama, Elevation settle Paytm disclosure lapse case with SEBI

Finance

17 January, 2025

Top VCs from Saama, Elevation settle Paytm disclosure lapse case with SEBI

Top executives of venture capital firms Saama Capital, Elevation Capital and Venture Highway, and law firm Shardul Amarchand Mangaldas & ......

Pro
Flashback 2024: How PE-VC investors drove the $20-bn IPO boom

Finance

31 December, 2024

Flashback 2024: How PE-VC investors drove the $20-bn IPO boom

Primary market activity boomed in India this year as companies fell over each other to get a stock ticker, providing ......

Premium
Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm,  and SoftBank in news

General

06 December, 2024

Grapevine: OTPP, Sahyadri Hospitals, Accel-backed Bluestone, Paytm, and SoftBank in news

Ontario Teachers’ Pension Plan plans to sell a controlling stake in a healthcare portfolio, and Accel-backed Bluestone has received board ......

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

TMT

13 November, 2024

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 ......

SoftBank swings back to quarterly profit with $7.7 bn gain

Finance

12 November, 2024

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 ......

Ola Electric, Firstcry IPOs set to boost SoftBank profit

Finance

11 November, 2024

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 ......

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