SoftBank Group
Finance
SoftBank books $5.2 bn quarterly loss as WeWork comes back to bite
SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in the red, as the Japanese ......
TMT
Lighthouse Canton partners with Alta to boost venture debt play
Lighthouse Canton (LC) has joined hands with alternative investment exchange Alta Group to tap a new investor segment for its ......
Finance
Adani Group cuts revenue growth target, capex
The Adani Group has halved its revenue growth target and aims to scale down fresh capital expenditure, days after US-based ......
Finance
ElasticRun FY22 loss widens to Rs 373 crore
Softbank-backed business-to-business (B2B) online commerce platform ElasticRun’s loss widened to Rs 373 crore in the financial year 2022, up from ......
TMT
SoftBank's overseas business head steps down in 6 months after being hired
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International ......
People
SoftBank's Munish Varma to step down from Paytm, PolicyBazaar boards
Munish Varma, managing partner of Japan’s SoftBank Group, will step down from the boards of recently listed One97 Communications Ltd ......
Infrastructure
SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding
Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs have led a $300 million funding round in Pune-based logistics startup ElasticRun, ......
TMT
MinIO raises $103 mn from Intel, SoftBank, others at $1 bn valn
Nexus Venture Partners-backed multi-cloud object storage suite MinIO, operated by MinIO Inc, has raised $103 million as a part of its Series B funding ......
Consumer
SoftBank-backed Thrasio startup GlobalBees buys three more brands
GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has acquired three more direct-to-consumer (D2C) brands in a ......
Consumer
SoftBank-backed edtech unicorn Eruditus may invest up to $1 bn in acquisitions in 2022
SoftBank-backed edtech unicorn Eruditus Education Pvt Ltd plans to deploy as much as $1 billion (Rs 7,500 crore) for mergers ......
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