Softbank

Ola raising $250 mn from existing investors

TMT

11 April, 2017

Ola raising $250 mn from existing investors

Cab-hailing firm Ola has decided to raise Rs 1,675 crore ($250 million) from existing shareholders, as it seeks to beef ......

TMT

07 April, 2017

All our buyouts strategic, says Flipkart CEO amid Snapdeal merger buzz

Despite all the buzz around India's biggest e-commerce company Flipkart's impending acquisition of the troubled Snapdeal, CEO Kalyan Krishnamurthy remained ......

TMT

06 April, 2017

Flipkart raises $1.5 bn, inches closer to Snapdeal merger

Flipkart has already raised $1.5 billion from Tencent, Microsoft and eBay even as merger talks with Snapdeal are fast progressing, ......

TMT

05 April, 2017

Just why is Flipkart buying the bleeding Snapdeal?

If there is one foregone conclusion in India's unpredictable e-commerce space today, it is the merger of the troubled Snapdeal ......

TMT

05 April, 2017

Getting its mojo back? InMobi becomes second Indian unicorn to turn net profit

Mobile ad-tech firm InMobi, dubbed as India's first unicorn, turned a net profit in the last quarter of 2016 and ......

TMT

04 April, 2017

SoftBank appoints Lydia Bly Jett to Snapdeal's board

SoftBank​ Group International's Lydia Bly Jett has joined the board of home-grown e-commerce firm Snapdeal, media reports said on Tuesday ......

TMT

03 April, 2017

Game of stakes: SoftBank pulls out of $150-200 mn funding in Snapdeal

In what signals worsening board room crisis at home-grown e-commerce firm Snapdeal, its biggest stakeholder SofBank has backed out of ......

TMT

31 March, 2017

Now playing at Snapdeal: Mighty SoftBank vs Kalaari and Nexus

The list of crises at online marketplace Snapdeal seems never-ending. After massive layoffs, mounting losses and a serious fund crunch, ......

TMT

29 March, 2017

Snapdeal may vacate its office in Gurugram to cut costs

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, is planning to move out of its corporate office in Gurugram ......

TMT

28 March, 2017

SoftBank calls for a Snapdeal-Flipkart combine

In a bid to salvage its investee firm Snapdeal from going under completely, Japanese internet and telecom conglomerate SoftBank Corp ......

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