Softbank
TMT
SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes
India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to ......
General
Grapevine: I Squared plans an exit; Ola Electric IPO likely in August
Bhavish Aggarwal-led Ola Electric, backed by Softbank, plans to launch its initial public offering (IPO) in early ......
TMT
SoftBank-backed FirstCry, Unicommerce get SEBI nod for IPOs
Two companies backed by SoftBank--Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry and e-......
General
Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec
US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-......
Manufacturing
SoftBank-backed Ola Electric working to build solid-state batteries
India's Ola Electric is working to build solid-state batteries and expects its vehicles to be powered by its own ......
TMT
Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom
In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to ......
Consumer
Temasek, Fidelity bet $200 mn on Lenskart in secondary deal
Singapore state investment firm Temasek and American asset manager Fidelity Management and Research Company have invested $200 million in Lenskart...
General
Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm
Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to ......
TMT
Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list
Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in ......
Finance
SoftBank posts profit for second straight quarter but remains in red for full year
Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......
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