Softbank
General
Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm
Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to ......
General
Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis
Private equity giants Blackstone, Temasek Holdings, and Bain Capital are weighing the acquisition of a controlling ......
General
Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts
CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical ......
General
Grapevine: Meesho may upsize funding round; Dorf Ketal plans IPO
Several VC firms are showing interest in Meesho's latest funding round, which is now expected to raise $500-$650 ......
General
Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale
are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million......
General
Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware
E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and ......
TMT
SoftBank's biggest India bet turning out to be its worst nightmare
Japan's SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83% from 5.01%, ......
TMT
PremjiInvest sets course for nearly $200 mn exit with a multi-bagger
PremjiInvest, the family office of Wipro’s Azim Premji, that has been active in backing both venture as well as growth......
TMT
SoftBank headed for a big haircut from one of its showcase India bets
Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and ......
TMT
How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag
Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its ......