Softbank

Delhi to impound bike taxis if Uber, Ola do not comply with ban

TMT

13 June, 2023

Delhi to impound bike taxis if Uber, Ola do not comply with ban

New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if ......

TMT

09 June, 2023

SoftBank-backed Ola Electric to kick off investor meet on IPO plans

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned ......

TMT

25 May, 2023

SoftBank-backed Ola Electric eyes IPO by 2023-end, hires bankers

India's Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank ......

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TMT

11 May, 2023

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

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

Finance

11 May, 2023

SoftBank's annual losses narrow after Alibaba stake sale

Japan's SoftBank Group Corp on Friday posted a sharply narrower annual loss after a capital raise using its stake in......

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TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-......

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TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......

TMT

05 May, 2023

SoftBank-backed Meesho trims 15% workforce

SoftBank-backed e-commerce platform Meesho has sacked 15% of its total workforce or nearly 251 employees, joining a long......

Finance

20 April, 2023

Credit Suisse lodges $440-mn claim against SoftBank

Credit Suisse has lodged a $440 million claim against Japan's SoftBank Group Corp in London as it presses ahead with......

TMT

19 April, 2023

Indian startups set for more pain as funding crunch worsens

A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen ......

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