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Softbank

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

General

14 January, 2020

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

Adani Group is in early-stage talks with Reliance Power, which supplies electricity to Adani Electricity Mumbai, to acquire subsidiary Vidarbha ......

SoftBank ropes in another tech giant honcho for Vision Fund

People

10 January, 2020

SoftBank ropes in another tech giant honcho for Vision Fund

The manager of the $100 billion Vision Fund of Japan's SoftBank Group has roped in interim Google India head as ......

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

General

09 January, 2020

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

Masayoshi Son’s SoftBank is looking to sell its entire 70% or a majority stake in its renewables joint venture in ......

Oyo-SoftBank's JV secures debt financing from Avendus arm

Finance

02 December, 2019

Oyo-SoftBank's JV secures debt financing from Avendus arm

MyPreferred Transformation And Hospitality Pvt. Ltd, a joint venture between Oyo Hotels & Homes and Japanese conglomerate SoftBank, has raised ......

Govt asks state-run firms to clear dues of ReNew, SoftBank's green energy arm

Infrastructure

26 November, 2019

Govt asks state-run firms to clear dues of ReNew, SoftBank's green energy arm

India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to ......

SoftBank's Oyo foresees India losses till 2022

Infrastructure

26 November, 2019

SoftBank's Oyo foresees India losses till 2022

SoftBank-backed Oyo Hotels and Homes' internal projections showed it may not make a profit in India and China until 2022, ......

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

General

25 November, 2019

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 million (Rs 3,583 ......

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

TMT

25 November, 2019

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

Paytm, operated by One97 Communications, has scooped $1 billion (Rs 7,170 crore) in a fresh round of funding led by ......

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

General

12 November, 2019

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

Online marketplace Snapdeal is in talks to raise close to $100 million (Rs 716 crore at current exchange rate) from ......

What led WeWork to accept SoftBank offer

Infrastructure

25 October, 2019

What led WeWork to accept SoftBank offer

Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......