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Softbank

Temasek, Info Edge co-invest $27.7 mn into PolicyBazaar's Series F round

TMT

06 July, 2018

Temasek, Info Edge co-invest $27.7 mn into PolicyBazaar's Series F round

Info Edge (India) Ltd and Temasek, existing investors in online insurance selling platform PolicyBazaar, have co-invested $27.7 million into the ......

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

TMT

06 July, 2018

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

PhonePe, the digital payments arm of homegrown e-tailer Flipkart, is in advanced talks to acquire the Point of Sale software-as-a-service ......

SoftBank in talks to invest in Zomato; Proprium backs Musaddilal Projects

General

17 May, 2018

SoftBank in talks to invest in Zomato; Proprium backs Musaddilal Projects

Japanese internet conglomerate SoftBank Group Corp is in preliminary negotiations to invest in online restaurant discovery and food delivery company ......

Foxconn writes off additional $40 mn stake in Snapdeal

TMT

15 May, 2018

Foxconn writes off additional $40 mn stake in Snapdeal

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......

Swiggy seeks unicorn status, in talks to raise $250 mn

TMT

15 May, 2018

Swiggy seeks unicorn status, in talks to raise $250 mn

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......

SoftBank may invest $3 bn in Paytm Mall; Japan's Sompo to up stake in insurance JV

General

14 May, 2018

SoftBank may invest $3 bn in Paytm Mall; Japan's Sompo to up stake in insurance JV

Japan's SoftBank Group is in preliminary talks to invest as much as $3 billion (Rs 20,180 crore) in online marketplace ......

SoftBank undecided on Flipkart stake sale; True North eyes Shree Digvijay Cement

General

11 May, 2018

SoftBank undecided on Flipkart stake sale; True North eyes Shree Digvijay Cement

Japanese conglomerate SoftBank Group Corp. has still not made a decision to sell its more than 20% stake in Flipkart ......

Walmart to buy majority stake in Flipkart, confirms SoftBank CEO

TMT

09 May, 2018

Walmart to buy majority stake in Flipkart, confirms SoftBank CEO

Walmart Inc will purchase a majority stake in online retailer Flipkart, the Indian e-commerce company's investor SoftBank said on Wednesday.The Walmart-Flipkart ......

Premium
With the SoftBank deal all but done, how does PolicyBazaar plan to use the money?

Finance

04 May, 2018

With the SoftBank deal all but done, how does PolicyBazaar plan to use the money?

Tiger Global-backed online insurance selling platform policybazaar.com¸ which is in the final leg of discussions to raise $200 million (Rs ......

Flipkart buys back shares from IDG Ventures, SoftBank and Accel execs

TMT

04 May, 2018

Flipkart buys back shares from IDG Ventures, SoftBank and Accel execs

Indian online marketplace Flipkart has bought back $350 million worth of shares from its investors as it seeks to convert ......