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Latest Articles in softbank

Softbank Investors Seek Nikesh Arora's Removal Over 'Poor' Decisions

A group of investors of Japanese mobile giant SoftBank has sought probe and possible sacking of its India-born COO Nikesh Arora over potential conflicts of interest tied to his role as an adviser to a private equity firm.

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Japan's Softbank Splits Into Two Divisions

Group President Nikesh Arora will be CEO of the overseas division, and Ken Miyauchi, a SoftBank director, will lead the domestic business

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Snapdeal Raises $200 Million Led By Ontario Teachers' Pension Plan

The latest fund-raising follows $500 million raised last August in a round led by Alibaba Group Holding, SoftBank Group Corp and Foxconn

Read More Raises Rs 100 Crore From SoftBank

The company has been struggling with mounting losses and falling market share according to local media reports

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Softbank Will 'Seriously' Accelerate Investments In India

The time has come that the Indian economy will be big enough going forward. Mobile internet will make the domestic internet market big enough: CEO Masayoshi Son

Read More In Sale Talks With Snapdeal? says news about e-commerce retailer Snapdeal negotiating an acquisition deal with it are untrue and inaccurate

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Ride-hailing Company Ola Raises $500 Million From Softbank, Others

Ola, India's biggest ride-hailing service, said on Wednesday (18 November) it had raised $500 million from investors including Japan's SoftBank Group, Baillie Gifford, Falcon Edge, Tiger Global and DST Global.

Read More On The Block, Valued At Less Than $50 Mn

It's not easy being a startup, especially when it has been funded well and commanded a stellar valuation. The curious case of has got "curiouser" as it has seen a plunge in its valuation. A year ago when it had raised $100 million from Softbank, the PE company, the startup was valued at $400 million. In less than six months, the company is valued at less than $50 million. Sources close to BW|Businessworld say that a large listings and classified business approached the company to buy them out for as little as $30 million.

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