Softbank
TMT
Paytm Mall to raise $446 mn from SoftBank and Alibaba
Online e-commerce marketplace Paytm Mall, operated by Delhi-based Paytm E-commerce Private Limited, is set to raise Rs 2,892.5 crore (around ......
Infrastructure
SoftBank ties up with China's GCL System for $930 mn India solar venture
SoftBank Group Corp has agreed to launch a $930 million Indian joint solar energy venture with Chinese firm GCL System ......
People
SoftBank probes shareholder campaign against former president Nikesh Arora
SoftBank Group Corp is probing whether the shareholder allegations against India-born former president Nikesh Arora and chief strategy officer Alok ......
TMT
Uber sells Southeast Asia business to SoftBank-backed Grab
Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ......
General
IndusInd, CITIC CLSA eye IDFC MF biz; OYO in talks for fresh funds
Diversified financial services firm IDFC Ltd is in talks with interested parties to merge or sell its asset management arm ......
Startups
SoftBank leads $62 mn funding round in Grofers at lower valuation
Gurgaon-based online grocery startup Grofers India Pvt. Ltd has raised Rs 400 crore (around $62 million) in a Series E ......
Finance
Innoventure Partners set to make early-stage investments in India
Innoventure Partners LLC, a US-headquartered cross-border investment firm which helps large family offices deploy capital in new economy ventures, is ......
TMT
SoftBank, China's Didi to roll out ride-hailing venture in Japan
China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing ......
TMT
eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling its ......
Finance
SoftBank in early talks to buy stake in reinsurer Swiss Re for $10 bn
Swiss Re said it is in preliminary talks to sell a minority stake to SoftBank Group - a deal that ......
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