Tag: softbank
‘This is what I was born to do’: Masayoshi Son’s SoftBank to invest another $1.5 billion into OpenAI for AI development
SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial…
FirstCry: FirstCry parent Q2 net loss narrows to Rs 63 crore
Brainbees Solutions, the parent company of mother and baby care products retailer FirstCry saw its net loss during the July-September quarter narrow 47% year-on-year (YoY)…
spinny: Spinny cuts FY24 net loss to Rs 590 crore; revenue up 14% on year to Rs 3,275 crore
Gurugram-based used car sales startup Spinny managed to significantly narrow its net loss during FY24 to Rs 590 crore from Rs 820 crore in the…
Swiggy IPO: Swiggy sets IPO price band between Rs 371-390 per share
Food and grocery delivery platform Swiggy is set to price its upcoming IPO in the range of Rs 371-390 per share, according to sources. At…
Abhishek Gupta: Former Oyo exec Abhishek Gupta joins Lenskart as CFO
Hospitality startup Oyo’s former group chief financial officer, Abhishek Gupta, has joined omnichannel eyewear retailer Lenskart as its CFO. “After 9 amazing years at Oyo,…
Alex Clavel: ETtech Exclusive | India most successful IPO market in the world for 2024: SoftBank’s Alex Clavel
SoftBank Investment Advisers co-chief executive Alex Clavel rates India among its top performing markets, on the back of a spree of public listings by its…
Eruditus: Eruditus raises $150 million led by TPG Rise, company to flip domicile to India from Singapore
Executive education startup Eruditus has raised $150 million in new funding at a flat valuation of $3.2 billion post-money, led by TPG Rise, an impact…
lenskart: ET Startup Awards 2024: Lenskart eyes $200 million factory as revenue run rate hits $1 billion
Lenskart plans to invest $200 million in its new manufacturing plant in southern India that would be ‘10X the size’ of its Rajasthan plant as…
SoftBank to invest $500 million in Sam Altman’s OpenAI: Report
Sep 30, 2024 08:23 PM IST SoftBank Vision Fund is set to invest $500 million in OpenAI, which is aiming to raise $6.5 billion. This…
Swiggy files updated prospectus, to raise Rs 3,750 crore
Food and grocery delivery firm Swiggy has filed an updated prospectus for its initial public offering (IPO). The issue consists of Rs 3,750 crore of…