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Posts Tagged ‘ Saudi Arabia ’

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

Friday, October 14, 2016 | More »

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...