SoftBank Vision Fund
Finance
Which VC investors are feeling the most pinch as startups face turbulence?
Over the past few years India has emerged as a favourite destination for venture capital investors looking to bet on ......
TMT
Ola to cut one-third workforce as revenue slumps in lockdown
Cab aggregator Ola is letting go 1,400 employees as the coronavirus pandemic has hurt its core ride-hailing business, joining a ......
Infrastructure
WeWork India lays off 20% of workforce as virus lockdowns weigh
WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup ......
Finance
SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'
Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to ......
TMT
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating ......
TMT
SoftBank-backed Oyo to offload more loss-making hotels amid pandemic
India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources familiar ......
TMT
SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......
Finance
For SoftBank's Masayoshi Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......
TMT
Softbank-backed OYO to cut pay of all employees in India
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April ......
General
Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50
Food delivery and restaurant discovery platform Zomato is in talks to acquire grocery e-tailer Grofers, Entrackr first reported citing people ......
