Softbank
TMT
Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal
Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a ......
TMT
Binny Bansal, others invest $65 mn in digital insurance startup Acko
Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round ......
TMT
SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club
Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around Rs ......
TMT
SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery
The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ......
TMT
OYO raises money from Didi Chuxing to close $1 bn funding round
Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......
TMT
New US-based investors infuse fresh capital into Ola
ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of ......
General
SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8
Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......
TMT
SoftBank invests $150 mn in FirstCry as part of larger round
Pune-based Brainbees Solutions Pvt. Ltd, which operates online-first baby products retailer FirstCry, has raised $149.36 million (Rs 1,096.94 crore) as ......
General
Hero Future eyes Fotowatio's solar project; SoftBank may invest $400 mn in FirstCry
Hero Future Energies Pvt. Ltd, the renewable power unit of Hero Group, is looking to acquire a solar power project ......
TMT
SoftBank Vision Fund to pick up 38% stake in Delhivery in latest India bet
Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed investment into ......
