Softbank
Finance
Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore
Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited...
Consumer
Lenskart invests $100 million in Neso Brands
Eyewear brand Lenskart Solutions Pvt. Ltd on Monday said it has invested over $100 million in seed funding in Singapore-based...
Finance
SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides
SoftBank Group Corp reported Thursday that it had recorded an annual loss of $26.2 billion at its Vision Fund unit ......
Consumer
Mahindra Retail to sell partial stake in FirstCry parent's IPO
Mahindra & Mahindra Ltd’s subsidiary Mahindra Retail will divest around 2% of its shareholding in BrainBees Solutions...
People
Ola Cars chief executive Arun Sirdeshmukh to step down
SoftBank-backed Ola's vehicle commerce (Ola Cars) chief executive Arun Sirdeshmukh will be exiting the firm, a company spokesperson...
TMT
Delhivery IPO worth Rs 5,235 cr opens on May 11
Softbank-backed ecommerce logistics unicorn Delhivery is set to raise to Rs 5,235 crore ($686 million) through the much-awaited...
TMT
Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions
Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......
TMT
Softbank-backed Whatfix buys Leap.is to expand mobile capabilities
Whatfix, a Bengaluru-based digital adoption solution provider, has acquired a mobile-first onboarding and assistance platform...
People
TA Associates' Naresh Patwari steps down to start own firm
Naresh Patwari, a partner at TA Associates, has left the private equity firm to start his own healthcare and consumer ......
People
Softbank-backed Unacademy axes 600 staff in cost-cutting drive
Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......
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