SoftBank Group Corp

Paytm to snap up hotel booking app NightStay Travels

Dearton Thomas Hector

SoftBank- and Alibaba-backed digital payments and e-commerce firm Paytm is all set to acquire NightStay Travels Pvt. Ltd, a Delhi ....

3 July, 2018

PolicyBazaar raises $200 mn from SoftBank, others; joins unicorn club

Vijayakumar Pitchiah

ETechAces Marketing & Consulting Pvt. Ltd, the operator of online insurance selling platform PolicyBazaar.com and lending ....

25 June, 2018
ADVERTISEMENT

SoftBank says selling entire Flipkart stake to Walmart

Dearton Thomas Hector & Shweta Sharma

Japanese telecom and Internet conglomerate SoftBank Group Corp has confirmed it will sell its entire stake in Indian online retailer ....

23 May, 2018

Former Uber CEO Travis Kalanick sets up fund to invest in e-tail, innovation in India, China

Team TC

Travis Kalanick, the controversial founder of cab-hailing firm Uber Technologies Inc., is setting up an investment fund that will ....

8 March, 2018

Two senior executives resign from Snapdeal's Bangalore centre

Arti Singh

E-commerce firm Snapdeal, owned by Jasper Infotech Pvt. Ltd, continues to see senior-level churn. This time, the company's two ....

18 March, 2017

Weaker yen helps SoftBank pare valuation loss from Snapdeal, Ola investments

Deepti Chaudhary

Japanese telecom and Internet giant SoftBank Group Corp has reported a valuation loss of ¥39.3 billon (nearly $350 million) from ....

8 February, 2017
ADVERTISEMENT

Vanguard slashes Ola's valuation by 41%

Binu Paul

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in ANI Technologies Pvt ....

3 February, 2017

Ola raises $330 mn in fresh round led by SoftBank: Report

Dearton Thomas Hector

Bengaluru-based cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, has raised $330 million (Rs 2,200 crore) in fresh funding ....

27 February, 2017

Snapdeal sellers knock govt's doors as e-tailer struggles

Disha Sharma

A group of sellers on online marketplace Snapdeal has approached commerce minister Nirmala Sitharaman to protect their interests ....

24 February, 2017

Will a possible BigBasket-Grofers merger stave off competition from Amazon?

Binu Paul

Online grocers BigBasket and Grofers have both rejected a media report of a possible merger. This has not prevented experts from ....

16 January, 2017
ADVERTISEMENT

PropTiger, Housing.com seal merger; raise $55 mn from investors

Manu P Toms

Online real estate brokerage PropTiger.com and property listing portal Housing.com will merge in an all-stock deal that quickens ....

10 January, 2017

Hike: Revenue Rs 42 lakh in FY16, valuation $1.4 bn

Disha Sharma

Hike Ltd, the messaging app operator that touched $1.4 billion in valuation last year, started earning revenue in 2015-16 but ....

6 January, 2017

Flashback 2016: InMobi grapples with top-level exits, losses

Dearton Thomas Hector

On New Year's Day, India's first 'unicorn' InMobi will turn 10 years old. But that milestone doesn't necessarily mean celebrations ....

30 December, 2016

PayPal in talks to buy into FreeCharge: Report

Arti Singh

Global online payments company PayPal Holdings, Inc. is in the final stages of a deal to invest in online wallet company FreeCharge, ....

23 December, 2016

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

Deepti Chaudhary

Not many investors can boast of a portfolio which is more than half full of unicorns. Japanese telecom and Internet conglomerate ....

2 December, 2016

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

Disha Sharma

Snapdeal founders Rohit Bansal and Kunal Bahl together own just 6.38% of the e-commerce firm, a fourth lower than what they held ....

2 December, 2016

Ola's Bhavish Aggarwal again takes a potshot at Uber

Binu Paul

Winning in a competitive market is as much about making tactical pronouncements at opportune moments as it is about making the ....

23 November, 2016

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

Manu P Toms

SoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom ....

21 November, 2016

Snapdeal, Ola valuation knocked down again by SoftBank

Dearton Thomas Hector

Japanese telecom and internet giant SoftBank Group Corp has once again marked down the value of its investments in its two flagship ....

8 November, 2016

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

Priya Prasad

ANI Technologies Pvt. Ltd, which operates cab-hailing service Ola, is in talks with new and existing investors to raise $600 million ....

2 November, 2016

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

Dearton Thomas Hector

US cab-hailing firm Uber Technologies Inc has said the recent deal with Didi Chuxing, its Chinese competitor, will allow it to ....

8 September, 2016