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SoftBank-backed Swiggy's FY22 loss doubles

Finance

02 January, 2023

SoftBank-backed Swiggy's FY22 loss doubles

Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses......

Meesho pulls plug on permanent WFH policy

People

16 December, 2022

Meesho pulls plug on permanent WFH policy

SoftBank-backed e-commerce platform Meesho, on Friday announced that it is adopting a flexible work office model ......

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

TMT

09 December, 2022

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public......

SoftBank to offload half of its stake in PolicyBazaar

Finance

01 December, 2022

SoftBank to offload half of its stake in PolicyBazaar

Japanese conglomerate SoftBank will sell 50% of its stake in listed insurance aggregator PolicyBazaar, owned by PB ......

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

TMT

27 November, 2022

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

IPO-bound global travel tech firm Oyo has reported an eight times rise in adjusted EBITDA at Rs 56 crore in ......

Paytm skids 10% after SoftBank cuts stake by a third

Finance

17 November, 2022

Paytm skids 10% after SoftBank cuts stake by a third

Shares of One 97 Communications Ltd (Paytm) tumbled about 10% to ₹541 apiece on the BSE in Thursday's opening ......

Softbank to offload nearly one-third stake in Paytm via block deal

Finance

16 November, 2022

Softbank to offload nearly one-third stake in Paytm via block deal

Mumbai: Japanese tech investment giant Softbank will sell a part of its stake in Paytm parent One97 Communications Ltd ......

Cars24's India biz revenue jumps 87% in FY22

Finance

11 November, 2022

Cars24's India biz revenue jumps 87% in FY22

Used cars marketplace Cars24, on Friday reported a jump of over 87% in its FY22 India business revenue year-on-year, at ......

Another round of layoffs at Unacademy

TMT

07 November, 2022

Another round of layoffs at Unacademy

SoftBank-backed edtech unicorn Unacademy has fired 10% of its workforce or about 350 employees in a third round of ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more ......

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