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Posts Tagged ‘ Masayoshi Son ’

How SoftBank’s local portfolio firms have fared as chairman Son visits India

Friday, December 2, 2016 | More »

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Not many investors can boast of a portfolio which is more than half full of unicorns. Japanese telecom and Internet conglomerate SoftBank Group Corp happens to be one such investor in India. Of its seven portfolio firms, four – Hike, Ola, Snapdeal and InMobi – are unicorns, meaning each startup ...

Bhavish Aggarwal, Co-Founder & CEO, Ola

Ola’s Bhavish Aggarwal again takes a potshot at Uber

Winning in a competitive market is as much about making tactical pronouncements at opportune moments as it is about making the right business decisions at the right time. It ain’t politicians alone who pick ideas or popular beliefs they know will resonate with their target audience and use them ag...

23 November, 2016 | More »

Housing

Exclusive: SoftBank pumps in another $5 mn in Housing even as merger talks continue

Japanese telecom and internet conglomerate SoftBank Group Corp, a leading investor in several Indian tech startups, has put in an additional $5 million in a bridge round in real estate portal Housing.com, according to three people aware of the development. SoftBank, the lead investor in Housing, had...

22 November, 2016 | More »

Masayoshi-Son

SoftBank’s Masayoshi Son to visit India; big announcement on Ola expected

SoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom and Internet conglomerate is expected to make a few high-profile announcements, said two people directly aware of the upcoming visit. SoftBank is one of the largest investors ...

21 November, 2016 | More »

Ola

SoftBank may invest up to $300 mn in Ola

Japanese Internet and telecom firm SoftBank Group Corp may invest $250-300 million (Rs 1,700-2,000 crore) in ride-hailing service Ola, a media report said. The Economic Times reported, citing two people it didn’t name, that SoftBank will lead the next round of funding in ANI Technologies Pvt Ltd, ...

24 October, 2016 | More »

Alok-Sama_7

SoftBank will continue to back Ola, Snapdeal, says top exec Alok Sama

Japanese telecom and internet major SoftBank Corp will strongly back its investee firms Ola and Snapdeal as they take on global goliaths Uber Technologies Inc and Amazon.com Inc in a battle for larger market share and supremacy, according to a top SoftBank executive. Over the last two years, SoftBan...

20 October, 2016 | More »

Masayoshi-Son

Did Snapdeal, Ola, Grofers and Oyo just get a blank cheque from SoftBank?

The $100 billion-tech fund that SoftBank has just launched with Saudi Arabia’s sovereign fund Public Investment Fund (PIF) is good news for half a dozen Indian consumer internet companies including Snapdeal, Ola, Grofers, Housing, Hike and InMobi. Some of these firms are facing huge fund crunch as...

14 October, 2016 | More »

Nikesh Arora

Nikesh Arora resigns from SoftBank

SoftBank Group Corp said on Tuesday president and chief operating officer Nikesh Arora has decided to resign from the company, in a sudden end to the India-born executive’s tenure at the Japanese telecom and Internet conglomerate. The development comes a day after SoftBank gave Arora, who was tipp...

21 June, 2016 | More »

Housing

Housing.com missing in action as SoftBank lauds India portfolio

Japanese telecom and internet conglomerate SoftBank Group Corp has praised the performance of some of its portfolio companies in India while announcing its annual results for 2015-16 but remained silent on the troubled property portal Housing.com. While announcing the group’s earnings for the ...

11 May, 2016 | More »

Nikesh Arora

Unnamed stakeholders allege “wrongdoing” on part of SoftBank COO Nikesh Arora; Co defends him

A group of unnamed stakeholders in the Japanese multinational SoftBank Group Corp has made serious allegations against its president and COO Nikesh Arora in a letter sent to the bank through a US-based law firm. Mounting a scathing attack on Arora, one of the high profile professionals globally and ...

21 April, 2016 | More »

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