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SoftBank's overseas business head steps down in 6 months after being hired

TMT

22 June, 2022

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 ......

Softbank-backed Unacademy sacks 150 staff in second layoff drive

TMT

19 June, 2022

Softbank-backed Unacademy sacks 150 staff in second layoff drive

Edtech unicorn Unacademy has asked 150 employees to leave after a performance improvement plan. This comes after Unacademy, operated by Sorting ......

Meesho sends legal notice to influencers alleging smear campaign

Consumer

07 June, 2022

Meesho sends legal notice to influencers alleging smear campaign

Internet commerce firm Meesho, operated by Fashnear Technologies, on Tuesday said it has issued a legal notice to some social ......

Premium
Delhivery will be harder to build today than 10 years ago: CEO

Infrastructure

01 June, 2022

Delhivery will be harder to build today than 10 years ago: CEO

Recently-listed Delhivery Ltd, a technology-based logistics firm, would have been harder to build today than ten years ago when it ......

OYO puts IPO plans on backburner, may trim valuation

Finance

24 May, 2022

OYO puts IPO plans on backburner, may trim valuation

Oravel Stays Ltd, which operates hospitality unicorn OYO, has written to stock market regulator Securities and Exchange Board of India ......

Delhivery shares close 10% higher, a boost to upcoming IPOs

Infrastructure

24 May, 2022

Delhivery shares close 10% higher, a boost to upcoming IPOs

SoftBank-backed Delhivery Ltd debuted on the Indian stock exchanges with an over 1% opening but closed at a 10% premium to ......

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Finance

17 May, 2022

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......

Lenskart invests $100 million in Neso Brands

Consumer

16 May, 2022

Lenskart invests $100 million in Neso Brands

Eyewear brand Lenskart Solutions Pvt. Ltd on Monday said it has invested over $100 million in seed funding in Singapore-based ......

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

Finance

12 May, 2022

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

SoftBank Group Corp reported Thursday that it had recorded an annual loss of $26.2 billion at its Vision Fund unit ......

Mahindra Retail to sell partial stake in FirstCry parent's IPO

Consumer

06 May, 2022

Mahindra Retail to sell partial stake in FirstCry parent's IPO

Mahindra & Mahindra Ltd’s subsidiary Mahindra Retail will divest around 2% of its shareholding in BrainBees Solutions Pvt Ltd (BrainBees), ......