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SoftBank Vision Fund

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Flashback 2019: How venture capital dealmaking across stages fared in India

Finance

27 December, 2019

Flashback 2019: How venture capital dealmaking across stages fared in India

Venture investments beat the pangs of an economic slowdown this year, led by a welcome uptick in early-stage transactions, but ......

Lenskart walks into unicorn club with SoftBank Vision Fund investment

TMT

20 December, 2019

Lenskart walks into unicorn club with SoftBank Vision Fund investment

SoftBank Vision Fund is injecting $275 million (Rs 1,956 crore) into online-to-offline eyewear retailer Lenskart, as it continues to pour ......

Yahoo Japan exits Oyo-SoftBank room rental venture

TMT

19 December, 2019

Yahoo Japan exits Oyo-SoftBank room rental venture

India’s Oyo Hotels and Homes said on Thursday SoftBank-controlled Yahoo Japan has quit its Japanese room rental venture, in the ......

After WeWork fiasco, SoftBank's China strategy under the scanner

Finance

16 December, 2019

After WeWork fiasco, SoftBank's China strategy under the scanner

For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, ......

Automation Anywhere raises $290 mn in Series B round, valuation soars

TMT

22 November, 2019

Automation Anywhere raises $290 mn in Series B round, valuation soars

Automation Anywhere Inc., a Silicon Valley-based company founded by Indian-origin entrepreneurs, has raised $290 million (Rs 2,081.35 crore at current ......

WeWork to lay off 2,400 employees in SoftBank revamp

Infrastructure

22 November, 2019

WeWork to lay off 2,400 employees in SoftBank revamp

WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......

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Why India's B2B unicorns are more capital-efficient than B2C startups

TMT

15 November, 2019

Why India's B2B unicorns are more capital-efficient than B2C startups

Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their business-to-customer counterparts, a new ......

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

General

14 November, 2019

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

The local unit of South African financial services group Investec is leading the race to buy a stake in State ......

WeWork loss widens to $1.25 bn amid office space expansion

Infrastructure

14 November, 2019

WeWork loss widens to $1.25 bn amid office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......

Tencent buys Tiger Global stake to bet on PolicyBazaar

TMT

13 November, 2019

Tencent buys Tiger Global stake to bet on PolicyBazaar

Chinese conglomerate Tencent Holdings Ltd has picked up a stake in Indian insurance aggregator PolicyBazaar, as it continues to ramp ......