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Softbank set to invest approximately $450 mn in Swiggy

TMT

15 April, 2021

Softbank set to invest approximately $450 mn in Swiggy

SoftBank Vision Fund 2 is expected to invest approximately $450 million in Swiggy. The deal will mark Masayoshi Son led ......

Hindustan Media Ventures backs B2B ecommerce portal Beldara

TMT

14 April, 2021

Hindustan Media Ventures backs B2B ecommerce portal Beldara

B2B marketplace Beldara will raise $7.4 million (Rs 55 crore) in its first external round of funding from Hindustan Media ......

SoftBank Vision Fund 2 leads $300 mn funding round in Meesho

TMT

05 April, 2021

SoftBank Vision Fund 2 leads $300 mn funding round in Meesho

Bengaluru headquartered Fashnear Technologies, which runs social ecommerce platform Meesho, has raised $300 million (Rs 2,201 crore as per current ......

Grapevine: Tiger Global to lead ClearTax round; Temasek, others to invest in Ola Electric

General

22 March, 2021

Grapevine: Tiger Global to lead ClearTax round; Temasek, others to invest in Ola Electric

Tax return filing startup ClearTax is looking to raise $100 million (Rs 724 crore) in a round of funding at ......

Policybazaar raises $75 million for UAE expansion

TMT

18 March, 2021

Policybazaar raises $75 million for UAE expansion

PB Fintech-run online insurance aggregator Policybazaar has raised $75 million in a fresh funding round led by New York-based hedge ......

Arbitral tribunal rules in favour of Zostel in OYO-Zostel deal, OYO to challenge ruling

TMT

08 March, 2021

Arbitral tribunal rules in favour of Zostel in OYO-Zostel deal, OYO to challenge ruling

An arbitral tribunal on Saturday ruled in favour of Zostel Hospitality, which runs Zostel Hostels and ZO Rooms, in the ......

Grapevine: TPG, others eye stake in FirstCry

General

17 February, 2021

Grapevine: TPG, others eye stake in FirstCry

TPG Growth, PremjiInvest and ChrysCapital are in advanced talks to pick up stakes in SoftBank-backed FirstCry in a round worth ......

OYO venture in Latin America to turn digital-only, SoftBank moves out

Consumer

12 February, 2021

OYO venture in Latin America to turn digital-only, SoftBank moves out

Budget hospitality startup OYO on Friday said it will change its current hotel service model in the Latin American region ......

Grapevine: CPPIB places pre-conditions for SB Energy deal; Grofers eyes indirect US listing

General

12 February, 2021

Grapevine: CPPIB places pre-conditions for SB Energy deal; Grofers eyes indirect US listing

Canada Pension Plan Investment Board (CPPIB) has placed several pre-conditions to acquire the 80% stake held by Japan’s SoftBank in ......

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

General

11 February, 2021

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

SoftBank-backed logistics firm Delhivery plans to raise $800 million (about Rs 5,820 crore) in its initial public offering (IPO) this ......