Tag: softbank

Upgrad pulls out of talks to acquire Unacademy
Posted in Startups

Upgrad pulls out of talks to acquire Unacademy

Ronnie Screwvala’s higher-skilling company Upgrad has withdrawn itself from talks to acquire SoftBank-backed test prep startup Unacademy, people familiar with the matter said. The discussions…

Continue Reading
Shutting shop: A roundup of Indian startups which couldn't survive 2025
Posted in Startups

Shutting shop: A roundup of Indian startups which couldn’t survive 2025

2025 turned out to be relatively benign for India’s startup ecosystem. Only about 730 firms shut down this year, a sharp decline from the 3,903…

Continue Reading
Snapdeal parent AceVector files updated DRHP for D-Street debut
Posted in Startups

Snapdeal parent AceVector files updated DRHP for D-Street debut

AceVector, the parent entity of ecommerce company Snapdeal, filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (Sebi)…

Continue Reading
Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO
Posted in Startups

Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO

AceVector, the parent company of ecommerce platform Snapdeal, has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India…

Continue Reading
VC Lightspeed joins race for stake in cloud infra startup Neysa
Posted in Startups

VC Lightspeed joins race for stake in cloud infra startup Neysa

Venture capital firm Lightspeed has entered the fray to pick up a stake in cloud infrastructure startup Neysa, joining Japanese investor SoftBank and private equity…

Continue Reading
Meesho’s operating revenue rises 29% YoY in H1 FY26, but operating loss widens 10-fold
Posted in Startups

Meesho’s operating revenue rises 29% YoY in H1 FY26, but operating loss widens 10-fold

Value-commerce platform Meesho’s operating revenue rose 29% to Rs 5,577 crore in the first six months of FY26 from Rs 4,311 crore in the same…

Continue Reading
Ecommerce firm Meesho to launch IPO on December 3; targets to raise Rs 4,250-crore via fresh issue
Posted in Startups

Ecommerce firm Meesho to launch IPO on December 3; targets to raise Rs 4,250-crore via fresh issue

SoftBank-backed ecommerce firm Meesho is set to float its initial public offering (IPO) comprising a fresh issue of shares worth Rs 4,250 crore on December…

Continue Reading
Ecommerce firm Meesho to launch IPO on December 3; aims to raise Rs 4,250-crore via fresh issue
Posted in Startups

Ecommerce firm Meesho to launch IPO on December 3; aims to raise Rs 4,250-crore via fresh issue

SoftBank-backed ecommerce firm Meesho is set to float its initial public offering (IPO) comprising a fresh issue of shares worth Rs 4,250 crore on December…

Continue Reading
Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”. (Reuters)
Posted in Business

Peter Thiel’s fund sells entire Nvidia stake amid fears of an AI bubble| Business News

A hedge fund of Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”, has sold off all its holdings in…

Continue Reading
Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
Posted in Startups

Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa

Blackstone and SoftBank Group are in early talks to buy stakes in Neysa Networks, an Indian cloud infrastructure startup, according to people familiar with the…

Continue Reading