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SoftBank-backed Ola Electric's FY22 loss spirals 4x

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the ......

SoftBank Group posts another quarter of losses

Finance

08 August, 2023

SoftBank Group posts another quarter of losses

Japan's SoftBank Group reported a surprise loss of 477.6 billion yen ($3.3 billion) in April-June, its third ......

SoftBank may return to profit as tech stocks gain

Finance

07 August, 2023

SoftBank may return to profit as tech stocks gain

Japan's SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, ......

IPO-bound Ola Electric records $136 mn loss for FY23

Manufacturing

28 July, 2023

IPO-bound Ola Electric records $136 mn loss for FY23

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million......

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SoftBank takes another haircut from one of its biggest bets in India

TMT

18 July, 2023

SoftBank takes another haircut from one of its biggest bets in India

SoftBank, a Japanese multinational firm known for its big-ticket private equity investments in new age technology ......

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SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24

TMT

17 July, 2023

SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24

Edtech company Eruditus expects to end the financial year 2023-24 on a profitable note, its founder and CEO told ......

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SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital

TMT

11 July, 2023

SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital

Higher education startup Eruditus has reached out to top private equity (PE) and sovereign wealth funds (SWF) to raise $......

Unacademy's Graphy marks second acquisition with Scenes

TMT

22 June, 2023

Unacademy's Graphy marks second acquisition with Scenes

Edtech unicorn Unacademy-owned software platform for educational content creators Graphy has acquired community ......

SoftBank to shift to 'offence mode' as AI booms

Finance

21 June, 2023

SoftBank to shift to 'offence mode' as AI booms

SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "......

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Exclusive: Multiple PE firms in early talks to bet on B2B unicorn OfBusiness

TMT

20 June, 2023

Exclusive: Multiple PE firms in early talks to bet on B2B unicorn OfBusiness

Business-to-business e-commerce platform OfBusiness is in preliminary stages of discussion with at least five homegrown ......

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