Softbank
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 ......
Finance
SoftBank may return to profit as tech stocks gain
Japan's SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts said, ......
Manufacturing
IPO-bound Ola Electric records $136 mn loss for FY23
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in ......
TMT
SoftBank takes another haircut from one of its biggest bets in India
SoftBank, a Japanese multinational firm known for its big-ticket private equity investments in new age technology companies via its multi-billion-dollar ......
TMT
SoftBank-backed edtech firm Eruditus aims to turn profitable in FY24
Edtech company Eruditus expects to end the financial year 2023-24 on a profitable note, its founder and CEO told VCCircle, ......
TMT
SoftBank-backed Eruditus taps PE firms, sovereign funds for fresh capital
Higher education startup Eruditus has reached out to top private equity firms and sovereign wealth funds (SWF) to raise $100-150 ......
TMT
Unacademy's Graphy marks second acquisition with Scenes
Edtech unicorn Unacademy-owned software platform for educational content creators Graphy has acquired community management platform Scenes in its second acquisition. “Scenes ......
Finance
SoftBank to shift to 'offence mode' as AI booms
SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "offence ......
