SoftBank

Clampdown on Chinese investments: Indian startups will miss the know-how, says SoftBank's Rajeev Misra

Clampdown on Chinese investments: Indian startups will miss the know-how, says SoftBank's Rajeev Misra

Chinese capital comes with a lot of expertise on business, and Indian startups will be missing this input the most following the clampdow...Read More

Is Reliance Industries making Carlyle and SoftBank wait as it awaits Amazon’s response?

Is Reliance Industries making Carlyle and SoftBank wait as it awaits Amazon’s response?

Billionaire Mukesh Ambani’s Reliance Industries is making huge investors like Carlyle Group Inc, SoftBank Group Corp among others wait a...Read More

SoftBank eyes for TikTok India’s revival via Airtel, Reliance Jio among others: Report

SoftBank eyes for TikTok India’s revival via Airtel, Reliance Jio among others: Report

The Japanese conglomerate SoftBank Group is exploring the possibility to save Tik Tok India, stated Bloomberg report. It is looking at as...Read More

Sequoia top backer of Indian unicorns with 8 bets, China's Tencent 11th with 3 investments: Report

Sequoia top backer of Indian unicorns with 8 bets, China's Tencent 11th with 3 investments: Report

The India-based Sequoia has invested in eight Indian unicorns including Byju's and Unacademcy, followed by Japanese investor Softbank and...Read More

Japan tech giant SoftBank's profits rise on investments

Japan tech giant SoftBank's profits rise on investments

Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12 per cent in April-June from a year earlier as its ...Read More

Hike eyes start-up talent facing job loss, salary cut

Hike eyes start-up talent facing job loss, salary cut

New Delhi: Messaging app Hike is looking to fill 20 positions in the company through a virtual process and preferably hire the talent of ...Read More

SoftBank racks up losses as Vision Fund investments plunge

SoftBank racks up losses as Vision Fund investments plunge

SoftBank, founded in 1981, said Monday the drop in share prices around the world from the fallout of the coronavirus pandemic had slammed...Read More

Neumann files new lawsuit against SoftBank for nixed WeWork deal

Neumann files new lawsuit against SoftBank for nixed WeWork deal

The lawsuit filed in Delaware Court of Chancery on Monday accused WeWork's biggest backer of breaching of contract and as well as fiducia...Read More

OYO to slash about 5,000 jobs globally

OYO to slash about 5,000 jobs globally

New Delhi: Softbank-backed Oyo Hotels is reportedly going to cut its global workforce by about 5,000 to 25,000 people, with the deepest r...Read More

Misra planted negative stories against Nikesh Arora to damage his reputation in co

Misra planted negative stories against Nikesh Arora to damage his reputation in co

The campaign involved private intelligence operatives, negative leaks to journalists and even a ‘honey trap’ blackmail attempt, which was...Read More

Softbank eyes Lenskart, may infuse USD 275 million from Softbank Vision Fund

Softbank eyes Lenskart, may infuse USD 275 million from Softbank Vision Fund

"Lenskart is raising USD 275+ million from Softbank Vision Fund, including some stake sale from early investors," a company statement said.

‘SoftBank to have last laugh in WeWork deal’ deal, Bernstein says

‘SoftBank to have last laugh in WeWork deal’ deal, Bernstein says

Mumbai: Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan and more carefull...Read More

Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20

Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20

New Delhi: SoftBank-backed Grofers reported widening of its loss to Rs 448 crore in 2018-19 financial year, while its income rose by over...Read More

SoftBank takes over 80 percent of WeWork: Sources

SoftBank takes over 80 percent of WeWork: Sources

WeWork has been thrown a multi-billion-dollar lifeline from Softbank. Former Sprint CEO elected executive chairman

SoftBank announces new Rs 74K Crore Vision Fund to invest in start-ups around the world

SoftBank announces new Rs 74K Crore Vision Fund to invest in start-ups around the world

Microsoft, Apple, Standard Chartered Bank and iPhone manufacturer Foxconn have all agreed to invest in this new fund

Ola Electric gets $250 million from SoftBank, enters Unicorn club

Ola Electric gets $250 million from SoftBank, enters Unicorn club

With this latest infusion, Ola Electric Mobility (OEM) has joined the list of unicorns in India that includes names like Flipkart, Zomato...Read More

Japan’s SoftBank to invest 900 mn euros in Germany’s Wirecard

Japan’s SoftBank to invest 900 mn euros in Germany’s Wirecard

Berlin: Japan’s Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, equivalent...Read More

Softbank may buy stake in Reliance Jio

Softbank may buy stake in Reliance Jio

New Delhi: Japan’s Softbank is reportedly looking to make a USD 2-3 billion investment in India’s fastest-growing telecom firm Reliance J...Read More

Six global investors, including Softbank group and SingTel, to invest USD 1.25 billion in Airtel Africa

Six global investors, including Softbank group and SingTel, to invest USD 1.25 billion in Airtel Africa

New Delhi: Six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, have agreed to invest USD 1...Read More

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$16-bn Walmart-Flipkart deal: No tax deducted from 34 shareholders

New Delhi : US retail giant Walmart paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart bu...Read More

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