Softbank

Finance

21 June, 2023

SoftBank to shift to 'offence mode' as AI booms

SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "offence ......

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TMT

20 June, 2023

Exclusive: Multiple PE firms in early talks to bet on B2B unicorn OfBusiness

Business-to-business e-commerce platform OfBusiness is in preliminary stages of discussion with at least five homegrown and global private equity investors ......

TMT

13 June, 2023

Delhi to impound bike taxis if Uber, Ola do not comply with ban

New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if ......

TMT

09 June, 2023

SoftBank-backed Ola Electric to kick off investor meet on IPO plans

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock ......

TMT

25 May, 2023

SoftBank-backed Ola Electric eyes IPO by 2023-end, hires bankers

India's Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman ......

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TMT

11 May, 2023

SoftBank takes another haircut from one of its top bets in India

SoftBank, a Japanese multinational firm known for its big-ticket investments in new age technology companies via its multi-billion-dollar Vision Fund ......

Finance

11 May, 2023

SoftBank's annual losses narrow after Alibaba stake sale

Japan's SoftBank Group Corp on Friday posted a sharply narrower annual loss after a capital raise using its stake in ......

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TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-month ......

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TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing growth projections, and a ......

TMT

05 May, 2023

SoftBank-backed Meesho trims 15% workforce

SoftBank-backed e-commerce platform Meesho has sacked 15% of its total workforce or nearly 251 employees, joining a long list of ......