Tag: softbank
SoftBank books 7x returns as Lenskart emerges top India bet
SoftBank has clocked about 7x returns from a partial stake sale in Lenskart, making the eyewear retailer one of the Japanese investor’s strongest shows in…
Japan’s MUFG readies $250 million India fund as new investors emerge with bold bets in Indian startup market
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group, is setting up a $250 million (about Rs 2,300-2,400 crore) India-focused fund to back early and…
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuation
US-based growth equity firm Glade Brook Capital, which has backed the likes of xAI and Perplexity, is in discussions to join artificial intelligence startup Sarvam…
AI firms scout for startup buyouts to boost full-stack tech capabilities
AI firms say they are actively scouting for startups to build full-stack capabilities as enterprises shift from experimentation to large-scale deployment. Founders say they are…
Vibe coding startup Emergent launches AI agent Wingman
SoftBank-backed vibe coding startup Emergent has launched Wingman, an autonomous agent designed to handle routine tasks across commonly used tools, as companies push to improve…
Valuations do a quick jump at select startups
A clutch of Indian mid-stage startups are commanding sharp valuation spikes in short timeframes despite overall funding remaining muted, pointing to a narrowing pool of…
ETtech Explainer: What Emergent’s ARR reveals about AI’s numbers game
A debate over how vibe-coding startup Emergent — backed by the likes of SoftBank, Lightspeed, and Khosla Ventures — has reported its numbers has put…
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Ronnie Screwvala’s higher-skilling company Upgrad has withdrawn itself from talks to acquire SoftBank-backed test prep startup Unacademy, people familiar with the matter said.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…
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…
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)…