Softbank
Finance
How profitable was SoftBank's latest partial exit from Indian firm?
SoftBank, one of the biggest late-stage investors in Indian tech startups, has monetised for a second time part of its ......
TMT
Startups pivot towards stock sops as funding crunch deepens
Startups are pivoting from cash bonuses to stock options and other long-term incentives to retain talent as they look to ......
Consumer
Swiggy ropes in 3 independent directors on its board
Food delivery unicorn Swiggy on Monday said it has appointed three independent directors to its board as the Softbank-backed company ......
Finance
No cash appraisals at Unacademy this year: CEO
SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief executive officer (CEO) Gaurav ......
TMT
InMobi fires nearly 3% staff
Advertising technology platform InMobi, which operates business-to-consumer (B2C) service Glance, has laid off nearly 3% of its 2,600-strong workforce amounting ......
Finance
Meesho FY22 loss surges, revenue grows 4x
SoftBank-backed e-commerce platform Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22 against a ......
Finance
SoftBank-backed Swiggy's FY22 loss doubles
Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses. The ......
People
Meesho pulls plug on permanent WFH policy
SoftBank-backed e-commerce platform Meesho, on Friday announced that it is adopting a flexible work office model starting 1 June 2023, ......
TMT
Softbank-backed Snapdeal pulls Rs 1250 crore IPO
E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public offering) amid tough market ......
Finance
SoftBank to offload half of its stake in PolicyBazaar
Japanese conglomerate SoftBank will sell 50% of its stake in listed insurance aggregator PolicyBazaar, owned by PB Fintech in a ......