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Latest Articles in softbank
SoftBank Offloads Shares Worth Rs 954 Cr In Delhivery
The fund had invested around Rs 3,100 crore in Delhivery, offloaded shares worth Rs 618 crore in its IPO, and held more than 18 per cent stake at the end of December
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ADIA Looks To Invest $400 Million In Lenskart
Once completed, the investment will give Abu Dhabi Investment Authority a near 10 per cent stake in Lenskart
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Softbank Plans To Sell 5% Stake In PB Fintech
Softbank a Japanese firm plans to sell, 5 per cent of shares in PB FIntech the parent company of Policy Bazaar
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SoftBank Cuts Valuation Of Oyo By Over 20%
The biggest investor in the inn booking firm, cut its assessed incentive for Oyo to USD 2.7 billion in the June quarter
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Softbank To Cut At Least 20% Of Vision Fund Staff
The conglomerate will cut at least 100 positions and could announce the reductions as early as this month
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With Alibaba Stake Cut, SoftBank's Son Cools Toward China Tech
Son was formerly one of the sector's biggest cheerleaders and Alibaba is his most famous bet
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SoftBank To Book USD 34 Bn Gain On Alibaba Shares
The estimated gain includes a 2.4 trillion-yen gain from the revaluation of shares in the Chinese e-commerce giant and a derivative gain of 0.7 trillion yen
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Ola Electric Planning To Build 50GwH Battery Cell Manufacturing Unit In India
Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future
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SoftBank In Talks With Tatas, Mahindra For Stake Buy In Subsidiary: Misra
As per an August 2021 report, Tatas were looking to raise up to USD 5 billion as they go about building a 'super app' which will help it compete with the likes of Amazon and Reliance Industries' Jio Platforms
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Ola Electric Raises Over $200Mn At $3Bn Valuation
Ola will accelerate the development of other vehicle platforms including electric motorbike, mass-market scooter, and its electric car.
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Policybazaar Gets Insurance Broking Licence From IRDAI
The broking licence will allow the company to venture into segments which it could not do in the past like claims assistance, offline services, and establish Points of Presence network.
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SoftBank In Talks To Invest USD 500-600 MN In Flipkart: Sources
E-commerce has seen strong growth in the country amid the pandemic as containment measures introduced millions to the convenience of online shopping, and prompted seasoned online shoppers to buy more.
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Adani Green To Buy Softbank's India Renewables Unit At USD 3.5 Bn Valuation
AGEL now has a portfolio of 24.3 gigawatts (GW) - enough to power more than 8.5 million homes, or nearly all the households in Australia (9.2 million) each year.
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Redis Raises USD 110 Mn From Tiger Global, Softbank, TCV At Over USD 2 Billion Valuation
The new investors made an additional investment of USD 200 million to purchase equity from some of the early stage investors in the Israel-based IT firm.
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Online Boom: SoftBank-Backed Coupang Surges To Over $100 Billion Valuation In Debut
Coupang's net sales jumped 91% year-on-year to $11 billion. Net losses narrowed to $567.6 million from $770.2 million posted in the prior year.
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