Tag: softbank
akshay naheta: Former SoftBank executive Akshay Naheta’s DeFi startup DTR launches UAE dirham-backed stablecoin
Distributed Technologies Research Ltd (DTR), a 10-month-old decentralised finance startup founded by former SoftBank top executive Akshay Naheta, on Monday announced the launch of its…
instacart: Grocery delivery service Instacart aims for $616 million raise in US IPO
Grocery delivery service Instacart is looking to raise up to $616 million along with selling stockholders in its initial public offering, a regulatory filing showed…
SoftBank Zomato stake sale: SoftBank likely to fully exit Zomato in coming months
Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to…
Zomato bulk deal: SoftBank looking to sell stake in Zomato via block deal: Report
Japanese tech giant SoftBank is likely to offload Zomato shares soon as the lock-in for the post-Blinkit deal ends today, according to CNBC-TV18. On the…
meesho: Meesho aims to grow merchant base 10 times to 1.1 crore by 2027
With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to add 1 crore merchants on its platform by 2027, a top official…
Spinny layoffs: Used car startup Spinny lays off around 300 employees
Gurgaon-based used car startup Spinny has laid off around 300 employees, or around 5% of its workforce. The layoffs are part of a restructuring exercise…
ola: IPO-bound Ola Electric recorded $136 million loss in FY23
India‘s largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which…
misra: Rajeev Misra’s $7 billion fund scouting for India opportunities after debut investment in Shapoorji Pallonji
Rajeev Misra, who stepped back from his executive role at SoftBank Vision Fund (SVF) a year ago, is open to investing in domestic companies from…
meesho: Meesho revamps brand identity to enhance positioning as inclusive, egalitarian platform
Softbank-backed e-commerce player Meesho has revealed a new brand identity as it looks to enhance its positioning as an “inclusive” and “egalitarian” platform for mass…
softbank: Lack of late-stage opportunities led to SoftBank going slow on India investments: BofA Securities
Japanese conglomerate SoftBank has stayed away from making any new investments in India over the past year due lack of opportunities in the late-stage, according…