Page 10 - Softbank

Didi Global saga shows China's tech behemoths must first answer to Beijing

Didi is by most measures an appealing success story. The firm controls almost the entire ride-hailing market in China, and counts SoftBank Group Corp. and Tencent Holdings Ltd. as major shareholders

Best of BS Opinion: Four years of GST, towards better governance & more

Here are the best of Business Standard's opinion pieces for Thursday

Food delivery giant Swiggy's COO Vivek Sunder decides to move on

Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.

SoftBank-backed Snapdeal's home category sales grow by 70% amid pandemic

The growth has been led by kitchenware and home improvement category products, which saw a 50 and 100 per cent jump in demand respectively since March 2020

SoftBank shrinks robotics business, stops Pepper production: Report

Production of the humanoid Pepper, touted as the first robot with "a heart", was stopped last year: report

SoftBank CEO Masayoshi Son says share buybacks remain an option for firm

SoftBank Group Corp CEO Masayoshi Son said on Wednesday share buybacks remain an option for the conglomerate, amid a slide in its shares

India's unicorn tally touches 50, MindTickle the latest entrant

Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Vishal Sikka's Vianai raises $140 mn from SoftBank Vision Fund, others

The two year-old startup will use the funding to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.

This former Google techie is solving the employability problem using AI

Valued at over $2 billion today, Ashutosh Garg's firm Eightfold AI is being used by large companies, including Fortune 500 clients, to shape up the career paths of their employees

Chinese ride-hailing firm Didi reveals $1.6-bn loss in IPO filing

Didi, one of the largest investments in SoftBank Group Corp.'s portfolio, accelerated its listing plans after its business rebounded as the coronavirus pandemic ebbed in China.

SoftBank's PayPay surges ahead in Japan's digital payments race

PayPay is emerging as key driver of a government-supported consumer shift away from cash as Japan grapples with deepening labour shortages

China's Didi reveals US IPO filing, all set for blockbuster New York float

Didi could raise around $10 billion and seek a valuation of close to $100 billion

Swedish startup Klarna raises funds from SoftBank at $45.6 bn valuation

Klarna in March raised $1 billion at a valuation of $31 billion, tripling its price from a previous round in September.

Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles

Startup doubles valuation to $2.1 billion in seven months

SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

Whatfix raises $90 mn funding from SoftBank Vision Fund 2, others

Whatfix is a digital adoption solutions provider

Paytm makes offer for sale ahead of planned IPO; AGM on June 30

The board of One97 Communications Ltd, which owns Paytm, has given an in-principle approval to the offering plan

Flipkart in talks to raise $3 bn from marquee investors at $35-bn valuation

The funding -- from SoftBank, Abu Dhabi's ADQ, CPPIB -- is expected to set the stage for Flipkart's IPO in the US by next year and increase its valuation to about $50 bn, say sources

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

Top Headlines: RBI likely to hold interest rates; Softbank to back Flipkart

Our top headlines on Friday track the latest developments