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Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Manufacturing

17 March, 2022

Reliance, Ola Electric win incentives in India's $2.4 bn battery scheme, sources say

Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion programme to...

Blinkit to merge with Zomato in all-stock deal

TMT

15 March, 2022

Blinkit to merge with Zomato in all-stock deal

Blinkit is set to merge with online food aggregator and delivery platform Zomato that will result in the quick commerce ......

SoftBank's Munish Varma to step down from Paytm, PolicyBazaar boards

People

15 March, 2022

SoftBank's Munish Varma to step down from Paytm, PolicyBazaar boards

Munish Varma, Managing Partner of Japan’s SoftBank Group and former SoftBank executive Kabir Misra will step down from the...

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Consumer

08 March, 2022

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Edtech unicorn Eruditus Education Pvt Ltd on Tuesday said it has raised  $350 million (about Rs 2,696 crore) in debt ......

India's Swiggy eyes $800 million IPO early next year - Nikkei

Consumer

22 February, 2022

India's Swiggy eyes $800 million IPO early next year - Nikkei

Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million...

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Consumer

09 February, 2022

GlobalBees acquires sport equipment brand Reach, portfolio grows to a dozen

Softbank and PremjiInvest-backed GlobalBees Brands Pvt Ltd, that aggregates and invests in e-commerce brands, has added fitness...

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Infrastructure

08 February, 2022

SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding

Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs have led a $300 million funding round in...

Storm clouds gather at SoftBank Group as valuations slide

Finance

04 February, 2022

Storm clouds gather at SoftBank Group as valuations slide

Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of...

India's sovereign wealth fund gets CCI nod to invest in SoftBank-backed FirstCry

Finance

02 February, 2022

India's sovereign wealth fund gets CCI nod to invest in SoftBank-backed FirstCry

India’s sovereign wealth fund has received the competition commission of India’s (CCI) approval for its proposed investment...

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

TMT

25 January, 2022

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

Oravel Stays Ltd, which owns and operates hospitality unicorn Oyo Hotels and Homes, has received an in-principle nod...

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