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Softbank Vision Fund promotes Sumer Juneja to Managing Partner; appoints first woman Managing Partner

People

22 November, 2021

Softbank Vision Fund promotes Sumer Juneja to Managing Partner; appoints first woman Managing Partner

Softbank Vision Fund, the $100 billion fund managed by Japanese Conglomerate Softbank Group Corp., has elevated its India head Sumer ......

Paytm lists at discount, share price drops 25% on stock exchange debut

Markets

18 November, 2021

Paytm lists at discount, share price drops 25% on stock exchange debut

Paytm operator One97 Communications, backed by US investor SoftBank and Alibaba’s Ant Financial, listed at a 9% discount on its ......

Ola hires new heads for financial services and electric business

People

16 November, 2021

Ola hires new heads for financial services and electric business

IPO-bound Ola has appointed new heads for its financial services and used car-platform business, as it continues to restructure its ......

WeWork reports smaller loss as demand for office space returns

TMT

15 November, 2021

WeWork reports smaller loss as demand for office space returns

Office sharing firm WeWork Inc posted a smaller third-quarter loss on Monday, as a rebound in demand for office space ......

We could invest $5-10 bn in India in 2022, says Softbank's Rajeev Misra

TMT

11 November, 2021

We could invest $5-10 bn in India in 2022, says Softbank's Rajeev Misra

Masayoshi Son-led Softbank Group Corp. would like to invest close to $5-10 billion in India next year if it finds ......

Paytm IPO subscribed 18% on first day

Finance

08 November, 2021

Paytm IPO subscribed 18% on first day

The Rs18,300 crore initial public offering (IPO) of Paytm’s parent company One97 Communications Ltd, the biggest such share sale to ......

SoftBank dragged into red by falling Vision Fund valuations

Finance

08 November, 2021

SoftBank dragged into red by falling Vision Fund valuations

SoftBank Group Corp reported a quarterly loss on Monday as the Japanese conglomerate was whiplashed by a $10 billion hit ......

Premium
From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

Infrastructure

05 November, 2021

From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

A decade ago, Sahil Barua, Mohit Tandon, and Suraj Saharan quit their lucrative careers at Bain & Co., to pursue ......

Premium
Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Finance

03 November, 2021

Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Nine senior executives at logistics unicorn Delhivery hold employee options that may fetch them more than $125 million from the ......

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

People

26 October, 2021

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

SoftBank-backed ecommerce platform Snapdeal, which is likely to file its IPO draft papers in the next few months, has appointed ......