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SoftBank spends $2.5 bn to get second Vision Fund off the ground

Finance

19 February, 2020

SoftBank spends $2.5 bn to get second Vision Fund off the ground

SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......

Innovaccer amasses $70 mn from Steadview, Tiger Global, others

TMT

14 February, 2020

Innovaccer amasses $70 mn from Steadview, Tiger Global, others

Innovaccer Inc., a healthcare data analytics startup with offices in Noida and San Francisco, has raised $70 million (nearly Rs ......

IBM names IIT-Kanpur alumnus Arvind Krishna new CEO

People

31 January, 2020

IBM names IIT-Kanpur alumnus Arvind Krishna new CEO

International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's ......

Saudi Aramco kick-starts what could be world's biggest IPO

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

WeWork woes hit Softbank's plans for second Vision Fund

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

TMT

13 August, 2019

How Reliance-Microsoft tie-up helps startups but poses threat to Amazon, Google

India's Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that deepens the ......

SoftBank to pump second Vision Fund with proceeds from the first

Finance

30 July, 2019

SoftBank to pump second Vision Fund with proceeds from the first

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed ......

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

Finance

26 July, 2019

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

SoftBank Group Corp said on Friday it has secured commitments to raise $108 billion from a wide range of investors ......

Why big investors are backing crypto technology but shunning digital currencies

TMT

18 April, 2019

Why big investors are backing crypto technology but shunning digital currencies

Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they're ......