Softbank
Infrastructure
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, ......
General
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 ......
TMT
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 ......
General
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 ......
Infrastructure
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 ......
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......
Infrastructure
WeWork board accepts SoftBank rescue deal
WeWork’s board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to the Japanese ......
Infrastructure
SoftBank to skip WeWork's lease obligations with new funding lifeline
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......
Manufacturing
Two-wheeler maker Hero Electric ropes in foreign investor
Hero Electric Vehicles Pvt. Ltd has raised fresh capital in a round led by a Europe-based private equity firm, a ......
General
Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet
SoftBank is in advanced discussions to close two investments — a $400 million (about Rs 2,881 crore at current exchange ......
