Softbank

TMS Ep6366: Private capex, Softbank AI, Novelis IPO, Mumbai Metaverse

Can private capex offset govt spend curbs in FY25? Can AI help Softbank turn around in India? What does Novelis IPO mean for Hindalco investors? What is Mumbai Megapolis Metaverse? Answers here

B2B start-up ElasticRun takes a step back, to focus on core strategy

ElasticRun extends the reach of a brand's direct distribution network to deep rural markets

Edtech unicorn Unacademy lays off 380 employees in latest round of job cuts

The Softbank-backed start-up last laid off 350 employees in November

SoftBank-backed Oyo Hotels to reduce planned IPO amid tech headwinds

It's the second attempt at an IPO by the SoftBank Group Corp.-backed startup, after India's stock market regulator raised multiple red flags on its earlier try in late 2021

Isro launches 36 satellites for OneWeb; everything you need to know

This was the second launch by Isro for OneWeb, a UK-based company supported by the UK govt, SoftBank, and India's Bharti Enterprises

SoftBank management leadership team visits add weight to India market

Country accounts for 10% of Japanese investor's global AUM, the 3rd largest

Bailout or not?

Ad hoc steps to stop banking contagion may have implications

SVB collapse brings Softbank's startup financing under investors' lens

Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that sits at the heart of Silicon Valley's venture capital ecosystem

SoftBank Group founder Masayoshi Son meets startup founders in Delhi

Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday met founders and CEOs of some prominent startups during his day-long visit to the national capital, according to sources. Masayoshi Son, 65, also attended Oyo Founder Ritesh Agarwal's wedding festivities in the capital. Vijay Shekhar Sharma, Founder and CEO of digital payments platform Paytm, tweeted a photo of himself and the investor while another picture posted by him had various founders in it, including Lenskart CEO Peyush Bansal. "Ultimate joy today, seeing Masa smiling, happy and enjoying his India trip. Everyone of us had tons of gratitude for his belief and support given to our startups," Sharma tweeted. Specific details about Masayoshi Son's India visit were not immediately available, and a message sent to SoftBank Group did not elicit any response. SoftBank has been a prominent and prolific investor in the Indian startup ecosystem, pumping in an estimated USD 15 billion over the years. Some of the

Top headlines: Foxconn eyes second plant, Son invites start-up founders

Business Standard brings you the top headlines at this hour

Masayoshi Son invites start-up founders, CEOs with SoftBank holding

Those meeting the SoftBank boss in New Delhi will have to go through RT-PCR tests

Investment giant Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

According to data available at the Bombay Stock Exchange (BSE), SoftBank sold shares worth Rs 954 crore in Delhivery in a bulk deal at Rs 340 apiece

Softbank arm SVF Doorbell sells 3.8% stake in Delhivery to raise Rs 954 cr

Delhivery had come out with a Rs 5,235 crore IPO in May 2022

Delhivery slips over 1% as 28 million shares exchange hands via block deal

At 09:15 am; around 28 million equity shares, which represented 3.8 per cent of total equity shares of Delhivery changed hands on the BSE, shows data

Softbank may sell Delhivery shares worth Rs 600 cr via block deals: Report

Softbank held a stake of 18.42 per cent in Delhivery via its subsidiary Svf Doorbell (Cayman) Ltd

SoftBank Group reports massive $5.9 bn net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investment giant on Tuesday reported a massive around $5.9 billion net loss

Walmart-owned Flipkart poised to list publicly, says SoftBank

In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation

SoftBank CEO Masayoshi to skip earnings call for first time as tech slumps

The founder and chief executive of the world's largest tech investor bade farewell in November to the earnings presentations he's led for decades

SoftBank-backed InMobi lays off 50-70 staffers, cites performance as reason

Poor performance prompted the company to take this extreme step

One day in office, remote work for rest of the week for Meesho employees

E-commerce firm's Flexi-Office model offers employees financial support for relocating