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Credit Suisse lodges $440-mn claim against SoftBank

Finance

20 April, 2023

Credit Suisse lodges $440-mn claim against SoftBank

Credit Suisse has lodged a $440 million claim against Japan's SoftBank Group Corp in London as it presses ahead with ......

Indian startups set for more pain as funding crunch worsens

TMT

19 April, 2023

Indian startups set for more pain as funding crunch worsens

A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen ......

How BP Ventures-backed taxi startup BluSmart is picking EV fight with Uber, Ola

TMT

19 April, 2023

How BP Ventures-backed taxi startup BluSmart is picking EV fight with Uber, Ola

Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on ......

Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry

General

14 April, 2023

Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry

Private equity firm KKR has signed agreements to acquire a toll road from Hyderabad-based Navayuga group, a media report said.  The ......

Premium
Tiger Global wraps up $250 mn exit from eight-year-old India bet

TMT

11 April, 2023

Tiger Global wraps up $250 mn exit from eight-year-old India bet

Tiger Global, one of the most active venture capital investors in the country over the past decade, has exited an ......

How the digitised Indian consumer is luring global investors for a piece of cake

TMT

03 April, 2023

How the digitised Indian consumer is luring global investors for a piece of cake

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) ......

Oyo slashes issue size as it refiles for IPO

Finance

03 April, 2023

Oyo slashes issue size as it refiles for IPO

Softbank-backed hotel aggregator Oyo has submitted a confidential "pre-filing" document for a likely slimmed-down initial public offering, a source told ......

SoftBank-backed Unacademy to lay off 12% of staff

TMT

30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......

LifeLong-led consortium acquires GoMechanic in slump sale

TMT

29 March, 2023

LifeLong-led consortium acquires GoMechanic in slump sale

A consortium led by auto component maker Lifelong India Pvt. Ltd has bought beleaguered car care platform GoMechanic in a ......

SVB collapse may shift eyes towards SoftBank investments

Finance

15 March, 2023

SVB collapse may shift eyes towards SoftBank investments

The spectacular collapse of Silicon Valley Bank might increase trouble for other US lenders, and bring SoftBank Group Corp. investments ......