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SoftBank Group Corp

Paytm's Sharma says open to increasing stake in payments firm

TMT

05 September, 2023

Paytm's Sharma says open to increasing stake in payments firm

Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm ......

Paytm's Sharma to acquire Ant Financial's 10.3% stake

TMT

07 August, 2023

Paytm's Sharma to acquire Ant Financial's 10.3% stake

Paytm Chairman Vijay Shekhar Sharma will buy a 10.3% stake worth $628 million in the firm he founded from an ......

SoftBank deals hit record low, sapping funding for startups

TMT

27 January, 2023

SoftBank deals hit record low, sapping funding for startups

SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already ......

Alibaba sells Paytm stake worth $125 mn via block deal

Finance

12 January, 2023

Alibaba sells Paytm stake worth $125 mn via block deal

China's Alibaba Group sold a 3.1% stake in digital payments firm Paytm for a total of $125 million through a ......

Softbank expands role of Sumer Juneja amid management churn

People

19 August, 2022

Softbank expands role of Sumer Juneja amid management churn

SoftBank Investment Advisers, which runs SoftBank Group Corp’s Vision Funds, has given additional responsibilities to oversee its European investments to ......

SoftBank planning pink slips at Vision Fund after record quarterly loss

Finance

08 August, 2022

SoftBank planning pink slips at Vision Fund after record quarterly loss

SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on ......

SoftBank marks down investment in Paytm parent to $800 mn

TMT

12 May, 2022

SoftBank marks down investment in Paytm parent to $800 mn

SoftBank Group Corp has marked down its investment in Paytm parent One97 Communications to $800 million,  even as it reported ......

Softbank Vision Fund promotes Sumer Juneja to Managing Partner; appoints first woman Managing Partner

People

22 November, 2021

Softbank Vision Fund promotes Sumer Juneja to Managing Partner; appoints first woman Managing Partner

Softbank Vision Fund, the $100 billion fund managed by Japanese Conglomerate Softbank Group Corp., has elevated its India head Sumer ......

Oyo hits back at Zostel, says both parties mutually agreed to terminate deal in SEBI response

TMT

29 October, 2021

Oyo hits back at Zostel, says both parties mutually agreed to terminate deal in SEBI response

Oravel Stays Ltd., which operates brand Oyo, has hit back at Zostel Hospitality Pvt. Ltd. and filed its response to ......

New blank-check firms arm up for Asian unicorn hunt

TMT

22 December, 2020

New blank-check firms arm up for Asian unicorn hunt

A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than ......