The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with the matter
Paytm has in a decade become India's biggest digital-payments brand
Recent troubles have weighed on SoftBank's shares, pushing them down about 30% from their peak earlier this year as investors grow skittish about startup valuations
(Reuters) - WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp <9984.T>, over a new $1 billion (812.61 million pounds) investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions.
A significant part of the Series-F funding will be diverted in boosting US footprint, and in strengthening position in the vacation rentals business in Europe
Japanese investor Masayoshi Son reacts after his company comes under pressure from some investors for its bets on loss-making businesses.
Agarwal, who founded Oyo in 2013, has built it into India's second-most valuable startup with a valuation of about $10 billion
In February, CCI had approved SVFD's subscription to compulsorily convertible preference shares amounting to 22.44% of the total shareholding of Delhivery
Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank
WeWork long had the image of a family business: a husband-and-wife pair at the helm and company slogans about how life is "better together."
The plan is to take up luxury properties in India and abroad
The We Company is under pressure to proceed with the IPO, despite the big valuation drop, to secure funding for its operations
SoftBank founder Masayoshi Son has relied heavily on local investors, particularly individuals, to raise capital
Yahoo Japan is a consolidated subsidiary of telco SoftBank Corp, which in turn is controlled by tech conglomerate SoftBank Group Corp
From the findings of RBI's annual report to government's plan to fast-track Make in India plan, here are the top business headlines for Friday
Alibaba is likely to reserve resources for existing portfolio
The loans are likely to have an interest rate of about 5%
From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday
Talks are in initial stages for direct or indirect holding in telco or other assets
SoftBank wants to raise a new massive fund every two or three years to take advantage of opportunities he sees in cutting-edge technologies