Tag: softbank
Used car startups take a U-turn as sales remain sluggish
India’s used-car sales market – which had heated up during 2021 and 2022 after supply chain constraints from Covid19 pandemic and Russia-Ukraine war – is…
swiggy: Baron Capital slashes Swiggy’s valuation yet again to $6.38 billion
US-based asset management firm Baron Capital Group has reduced food and grocery delivery company Swiggy’s valuation by another 10% to $6.38 billion as of March…
Tech startups funding: SoftBank exploring offering credit funds to tech startups
SoftBank Investment Advisers, which manages two Vision Funds, is exploring launching a private credit strategy that provides debt or debt-like structured financing for late-stage tech…
swiggy valuation: US investor Baron Capital marks down Swiggy’s valuation by 34% to $7.1 billion in latest filing
A fund managed by US-based asset management firm Baron Capital Group has marked down the valuation of food and grocery delivery platform Swiggy by 34%…
softbank paytm stake sale: SoftBank offloads 2% stake in Paytm parent One97 Communications
SoftBank has sold a 2.07% stake in Paytm parent One97 Communications in a series of sales in the open market this year, to comply with…
softbank annual loss: SoftBank posts $7.18 billion annual loss as Vision Fund slides further
Japan’s SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fund…
blusmart: Taxi startup BluSmart picks EV fight with Uber
Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet and…
startup funding: Once booming Indian startups set for more pain as funding crunch worsens
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched…
firstcry: FirstCry plans secondary offer to sovereign funds at $ 3 billion valuation
Omnichannel retailer FirstCry is in discussions with a set of sovereign funds to facilitate some of its shareholders to sell a stake in the company…
Softbank: Alibaba’s Hong Kong shares slump on SoftBank’s stake sale report
TOKYO: Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times…