Softbank
TMT
SoftBank-backed Oyo in legal spat with rival Zostel ahead of $1.2 bn IPO
SoftBank Group-backed Oyo Hotels and Rooms is facing a legal tussle with rival Zostel ahead of its up to $1.2 ......
Consumer
Meesho raises $570 mn; valuation more than doubles to $4.9 bn
Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research and Facebook ......
People
SoftBank's Dipchand Nishar leaving the firm by year-end
SoftBank’s Dipchand ‘Deep’ Nishar said he is leaving the firm by the end of December after a six-year stint at ......
TMT
Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn
In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said on Monday ......
TMT
PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns
The first five months of this financial year have already brought a lot of cheer to the startup ecosystem. Indian startups ......
Finance
Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As
The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......
TMT
Cars24 raises fresh funding from Softbank, others
Used car marketplace Cars24 Services Pvt. Ltd has attracted SoftBank as an investor in a new funding round that is ......
Infrastructure
Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery
Ahead of its proposed initial public offering (IPO), logistics company Delhivery has raised over $75 million in funding from Addition--a ......
TMT
Ola picks advisors to ready for $1.5 billion IPO
Softbank- and Tiger Global-backed ride hailing company, Ola Cabs, has hired investment banks and lawyers to start work on its ......
TMT
SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn
Microsoft Corporation has invested nearly $5 million (Rs 37 crore) in Ahmedabad-based Oravel Stays which owns and operates budget hospitality ......