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Ola Cars chief executive Arun Sirdeshmukh to step down
SoftBank-backed Ola's vehicle commerce platform (Ola Cars) chief executive Arun Sirdeshmukh will be exiting the firm seven months after his ......
TMT
Delhivery IPO worth Rs 5,235 cr opens on May 11
Delhivery, the SoftBank-backed logistics unicorn, plans to raise ₹5,235 crore next week through an initial public offering, a sign of ......
TMT
Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions
Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......
TMT
Softbank-backed Whatfix buys Leap.is to expand mobile capabilities
Whatfix, a Bengaluru-based digital adoption solution provider, has acquired a mobile-first onboarding and assistance platform Leap.is, a statement said on ......
People
TA Associates' Naresh Patwari steps down to start own firm
Naresh Patwari, a partner at TA Associates, has left the private equity firm to start his own healthcare and consumer ......
People
Softbank-backed Unacademy axes 600 staff in cost-cutting drive
Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......
Manufacturing
Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say
Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion programme to boost local battery cell ......
TMT
Blinkit to merge with Zomato in all-stock deal
Blinkit is set to merge with online food aggregator and delivery platform Zomato that will result in the quick commerce ......
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 ......
Consumer
SoftBank-backed Eruditus secures $350 mn debt funding for M&As
Edtech unicorn Eruditus Education Pvt Ltd on Tuesday said it has raised $350 million (about Rs 2,696 crore) in debt ......
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