Softbank
Manufacturing
SoftBank-backed Ola Electric plans to file for $700-mn IPO by end-Oct
India's Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October ......
TMT
SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry
Indian used-car online retailer Cars24 aims to turn its UAE operations profitable by the second half of 2024 and then ......
Healthcare
SoftBank, General Atlantic-backed Biofourmis' founder steps down as CEO
Healthtech startup Biofourmis’ founder Kuldeep Singh Rajput has resigned from the position of chief executive officer abruptly. A Biofourmis spokesperson confirmed ......
TMT
SoftBank trims stake in Zomato for $115 mn
SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at ......
People
Tiger Global-backed Unacademy's exec steps down after three years
Edtech startup Unacademy, which counts SoftBank, Sequoia Capital and Tiger Global Management, among others, as its investors, has witnessed the ......
General
Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund expansion, retire debt and ......
Consumer
Softbank offloads minor stake in FirstCry ahead of IPO
Japan’s SoftBank, a big-ticket private equity investor in India, has sold shares of Brainbees Solutions Pvt. Ltd, which operates kids-focussed ......
General
Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff
Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......
Consumer
SoftBank-backed Ola Electric's FY22 loss spirals 4x
Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......
Finance
SoftBank Group posts another quarter of losses
Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back into new investments after its ......
