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SoftBank ropes in Norwest director to head India investments

People

21 November, 2018

SoftBank ropes in Norwest director to head India investments

Japanese internet conglomerate SoftBank Group Corp, which has been a prolific investor in India with big-ticket bets on Flipkart, Ola ......

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

Finance

05 November, 2018

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......

Amazon may buy into Future Retail; Kabir Misra's fund eyes stake in Meesho, Acko

General

05 November, 2018

Amazon may buy into Future Retail; Kabir Misra's fund eyes stake in Meesho, Acko

US-based e-commerce giant Amazon.com Inc. is set to buy a stake of just under 10% in Kishore Biyani-led Future Retail ......

SoftBank-backed InMobi acquires US telecom firm Sprint's mobile ad unit

TMT

17 October, 2018

SoftBank-backed InMobi acquires US telecom firm Sprint's mobile ad unit

Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for ......

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

Finance

27 September, 2018

SoftBank to raise $100 bn fund every 2-3 years, says CEO Masayoshi Son

SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion ......

Two Chinese investors pump $50 mn into cab aggregator Ola

TMT

18 September, 2018

Two Chinese investors pump $50 mn into cab aggregator Ola

Cab-hailing app Ola, run by ANI Technologies Pvt. Ltd, has raised $50 million (around Rs 360 crore) from two new ......

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In Charts: Singapore surpasses Mauritius for FDI inflows into India

Finance

12 September, 2018

In Charts: Singapore surpasses Mauritius for FDI inflows into India

Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in ......

Paytm acquires Rainmatter-backed fintech startup Balance

TMT

09 August, 2018

Paytm acquires Rainmatter-backed fintech startup Balance

One97 Communications Ltd has acquired the operator of fintech application Balance, as the parent of digital payments company Paytm looks ......

Paytm to buy LetsVenture-backed hotel booking startup NightStay

TMT

03 July, 2018

Paytm to buy LetsVenture-backed hotel booking startup NightStay

SoftBank- and Alibaba-backed digital payments and e-commerce firm Paytm is all set to acquire NightStay Travels Pvt. Ltd, a Delhi ......

SoftBank Vision Fund leads $200 mn investment in PolicyBazaar

TMT

25 June, 2018

SoftBank Vision Fund leads $200 mn investment in PolicyBazaar

ETechAces Marketing & Consulting Pvt. Ltd, the operator of online insurance selling platform PolicyBazaar.com and lending marketplace PaisaBazaar.com, has raised ......