Home > Archive by tag 'SoftBank Group Corp'

Posts Tagged ‘ SoftBank Group Corp ’

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

Friday, December 2, 2016 | More »

For-Softbank-Story-Thumbnail_ThinkstockPhotos-511072562
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 ...

Kunal Bahl and Rohit Bansal

How much stake founders Kunal Bahl, Rohit Bansal own in Snapdeal?

Snapdeal founders Rohit Bansal and Kunal Bahl together own just 6.38% of the e-commerce firm, a fourth lower than what they held in the company two years ago. CEO Bahl owns 3.94% of Snapdeal while chief operating officer Bansal holds 2.44%, according to a report by Mint on Friday, citing documents w...

2 December, 2016 | More »

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 »

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 »

Snapdeal_Ola

Snapdeal, Ola valuation knocked down again by SoftBank

Japanese telecom and internet giant SoftBank Group Corp has once again marked down the value of its investments in its two flagship investments in India – cab-hailing app Ola and e-commerce marketplace Snapdeal, it disclosed on Monday. The firm reported a loss of ¥58.1 billion ($555 million) from...

8 November, 2016 | More »

ola_fe

Ola in talks to raise $600 mn, SoftBank may lead funding

ANI Technologies Pvt. Ltd, which operates cab-hailing service Ola, is in talks with new and existing investors to raise $600 million (about Rs 4,000 crore) by year-end, according to a report. Existing investor SoftBank Group Corp may lead the investment round, Bloomberg reported citing unnamed sourc...

2 November, 2016 | More »

Uber

Uber says China deal with Didi Chuxing to help boost India play

US cab-hailing firm Uber Technologies Inc has said the recent deal with Didi Chuxing, its Chinese competitor, will allow it to invest more in India, according to a report. Citing a 7 September letter written by Uber to its investors, Reuters reported the company as saying that India is now its large...

8 September, 2016 | More »

snapdeal_fe

Exclusive: Snapdeal explores merger talks with Flipkart, Amazon

Snapdeal, India’s second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon to explore a possible merger that could realign the country’s e-commerce industry. Two people directly aware of the development said that Snapdeal is open to a merg...

18 August, 2016 | More »

hike_fe

Messaging app Hike joins unicorn club after raising $175 mn

Messaging app Hike Ltd has raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group and other investors in a round that propelled it to the elite list of unicorns, or private companies valued at least $1 billion. Existing investors Tiger Global, J...

16 August, 2016 | More »

oyo_hotel_01

Oyo Rooms raising $90 mn from SoftBank, others

Delhi-based Oravel Stays Pvt. Ltd, which runs the branded budget hotels marketplace Oyo Rooms, is raising $90 million (Rs 600 crore) from existing Japanese investor SoftBank Group Corp, according to a report. The Times of India reported that Oyo has already received $61 million and will receive the ...

16 August, 2016 | More »

Page 1 of 212