Softbank

Swiggy ropes in 3 independent directors on its board

Consumer

06 February, 2023

Swiggy ropes in 3 independent directors on its board

Food delivery unicorn Swiggy on Monday said it has appointed three independent directors to its board as the Softbank-......

Finance

02 February, 2023

No cash appraisals at Unacademy this year: CEO

SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief ......

TMT

23 January, 2023

InMobi fires nearly 3% staff

Advertising technology platform InMobi, which operates business-to-consumer (B2C) service Glance, has laid off nearly 3......

Finance

02 January, 2023

Meesho FY22 loss surges, revenue grows 4x

SoftBank-backed e-commerce platform Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22 against......

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......

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 ......

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E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public......

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 ......

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 ......

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 ......

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