Softbank
Healthcare
SoftBank, General Atlantic-backed Biofourmis' founder steps down as CEO
Healthtech startup Biofourmis’ founder Kuldeep Singh Rajput has resigned from the position of chief executive officer abruptly....
TMT
SoftBank trims stake in Zomato for $115 mn
SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at ......
People
Tiger Global-backed Unacademy's exec steps down after three years
Edtech startup Unacademy, which counts SoftBank, Sequoia Capital and Tiger Global Management, among others, as its ......
General
Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund ......
Consumer
Softbank offloads minor stake in FirstCry ahead of IPO
Japan’s SoftBank, a big-ticket private equity investor in India, has sold shares of Brainbees Solutions Pvt. Ltd, ......
General
Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff
Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family......
Consumer
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 ......
Finance
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 ......
Finance
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, ......
Manufacturing
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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