Softbank
Finance
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......
TMT
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-......
TMT
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
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
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
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 ......
TMT
How BP Ventures-backed taxi startup BluSmart is picking EV fight with Uber, Ola
Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on ......
General
Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry
Private equity firm KKR has signed agreements to acquire a toll road from Hyderabad-based Navayuga group, a media report......
TMT
Tiger Global wraps up $250 mn exit from eight-year-old India bet
Tiger Global, one of the most active venture capital investors in the country over the past decade, has exited an ......
TMT
How the digitised Indian consumer is luring global investors for a piece of cake
Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) ......
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