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Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

Manufacturing

30 November, 2023

Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but ......

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After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

TMT

29 November, 2023

After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually......

How Ola Electric's service network is feeling the strains of success

Manufacturing

28 November, 2023

How Ola Electric's service network is feeling the strains of success

Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......

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SoftBank-backed OfBusiness in talks with PE firms, SWFs for new funding round

TMT

24 November, 2023

SoftBank-backed OfBusiness in talks with PE firms, SWFs for new funding round

Chasing a valuation of $6 billion, business-to-business (B2B) marketplace OfBusiness has approached sovereign wealth ......

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

TMT

23 November, 2023

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

Ecommerce enablement software platform Unicommerce reported a 52.5% jump in its revenue from operations for the ......

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SoftBank logs another sub-par exit move in India

Infrastructure

17 November, 2023

SoftBank logs another sub-par exit move in India

Japanese technology investment giant SoftBank, which has been on a harvest spree in India having divested shares of ......

SoftBank likely to sell partial stake in Delhivery: Report

Infrastructure

16 November, 2023

SoftBank likely to sell partial stake in Delhivery: Report

SoftBank is likely to sell a stake worth $150 million in Indian logistics firm Delhivery, Moneycontrol reported on ......

SoftBank-backed WeWork succumbs to bankruptcy

TMT

07 November, 2023

SoftBank-backed WeWork succumbs to bankruptcy

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US ......

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Temasek clocks partial exit from India portfolio amid hectic dealmaking

TMT

27 October, 2023

Temasek clocks partial exit from India portfolio amid hectic dealmaking

Singapore state investment firm Temasek has made a partial exit from an Indian company, marking at least its second ......

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SoftBank nears more than $350 mn India exit

TMT

20 October, 2023

SoftBank nears more than $350 mn India exit

Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of ......

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